Orascom Construction Industries announced that it has signed an agreement with United Arab Emirates-based Abraaj Capital, the leading regional private equity firm, which has agreed to merge its fertilizer production operations under OCI for a combined cash and shares equity consideration of approximately US$ 1.59 billion.
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OCI signs agreement with Abraaj Capital
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Investors developing Jatropha, castor bean, palm oil tree
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Al Fajer Properties secures construction financing
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Conexant selling to private equity firm
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Evraz wins tender
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Dubai International Capital to invest US$5 billion in India, China and Japan
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Calrec joins AVnu Alliance
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Orascom Telecom plans to double capital, refinance debt
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American Capital announces the combination of three portfolio companies
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Hindustan Construction Company secures contract
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Fertilizer stocks rise
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Sharjah unifies building permits
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National Bank of Abu Dhabi signs agreement with UAE Exchange
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Orascom Telecom acquires Namibia's Cell One
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Global Resource Corporation provides additional details regarding joint development agreement with Schlumberger
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Emirates Steel seeking USD 2 billion financing
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Apollo Tyres to make Dubai operational hub for Middle East