Saudi Arabia in talks to sell 1% of Aramco to foreign investor
Apr 28, 2021 12:40 PM PHT
Reuters
Saudi Arabia s crown prince said in televised remarks on Tuesday, April 27, that the kingdom was in discussions to sell 1% of state oil firm Saudi Aramco to a leading global energy company.
Crown Prince Mohammed bin Salman said Aramco, the world s biggest oil company which listed on the Saudi bourse in late 2019, could sell further shares including to international investors within the next year or two. There are talks now for the acquisition of a 1% stake by a leading global energy company in an important deal that would boost Aramco s sales in.a major country, he said, without elaborating.
Enjoy, Operator of Mobile Tech Stores, to Go Public Via Marquee SPAC
Enjoy Technology, operator of what it calls mobile stores, plans to go public through a merger with blank-check company Marquee Raine.
Author:
Apr 28, 2021 9:32 AM EDT
Enjoy Technology, the operator of what the company calls mobile stores, plans to go public through a merger with blank-check company Marquee Raine MRAC, the companies said.
The Palo Alto, Calif., company says in a statement that through e-commerce at home, it plans to disrupt the physical retail model by bringing a personalized, convenient retail experience through the door and into the comfort of a customer s home.
The keys to M&A attraction 16:22 | 28/04/2021
Pham Duy Khuong Managing director ASL LAW
Besides, it is also one of the countries that have been able to control the COVID-19 epidemic, creating a safer environment for foreign investors. This encourages foreign investors to look for projects in Vietnam, especially in the real estate sector, to invest through M&A deals. However, investment policies and legal corridors need to be improved to attract investment and make M&A a safe option in Vietnam.
Firstly, despite implementing amendments to laws and issuing more open policies to attract investment capital to improve M&A activities, there are still many shortcomings that make investors afraid to invest in Vietnam in this form. The provisions of the regulations on M&A are scattered and overlapping in legal documents such as the laws on Enterprises, Investment, and Competition, and there are no unified regulations for the implementation of M&A activities
Original:
Proofpoint (
PFPT) - Get Report agreed to a takeover deal with private equity group Thoma Bravo Monday that will value the cybersecurity group at more than $12 billion.
Proofpoint shareholders will receive $176 in cash for each outstanding share, a 33.55% premium to its Friday closing price, in a deal that will see it taken off the Nasdaq and mark the second take-private deal from Thoma Bravo this year, following the $11.1 billion deal for app software group ironSource through Thoma Bravo Advantage (
TBA) - Get Report, a special purpose acquisition company, or SPAC, that went public in January.
The Proofpoint deal, which values the group at $12.3 billion, also includes a 45-day Go Shop period that will expire on June 9.