Ghitha Holding PJSC (GHITHA)

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News

15 October 12:14 PM Multiply Group to create AED 120bn JV after acquisition of 2PointZero, Ghitha Holding

Abu Dhabi - Mubasher: The board of Multiply Group has approved the acquisition of 2PointZero and Ghitha Holding through a share swap deal, according to a press release. The proposed transaction aligns with Multiply Group’s strategy to scale its …

Companies Investments

6 February 2024 02:10 PM Ghitha Holding acquires majority stake in MNG Airlines for $211m

Abu Dhabi – Mubasher: Ghitha Aeroinvest Holding Limited, a wholly-owned indirect subsidiary of Ghitha Holding entered into a share purchase agreement (SPA) to acquire a 44% stake in MNG Havayollari ve Tasimacilik A.S. (MNG Airlines). The …

Companies Investments

4 January 2024 10:13 AM Ghitha Holding announces 2 key appointments

Abu Dhabi – Mubasher: Ghitha Holding named Mohamed Somar Nassouh Ajalyaqin as the Chairman of the board, according to a bourse disclosure. During the same board meeting held on 3 January 2024, Hamad Khlfan Ali Matar Al Shamsi was appointed as the …

Management Decisions

2 January 2023 02:04 PM IHC’s Ghitha eyes acquisition of Green Park

Abu Dhabi – Mubasher: Ghitha Holding, a subsidiary of International Holding Company (IHC), plans to acquire Green Park Investment’s entire shares. The transaction is still subject to obtaining regulatory approvals, according to a bourse filing. …

Mergers and Acquisitions

24 January 2022 03:39 PM IHC's Zee Stores to rebrand to Ghitha, expand portfolio

Abu Dhabi – Mubasher: Zee Stores, a subsidiary of International Holding Company (IHC), will rebrand to Ghitha Holding and expand its portfolio to strengthen its position in the food industry. The company will add several related businesses to its …

Companies Investments

20 January 2021 09:30 AM Zee Stores acquires majority of Royal Horizon for AED 80m

Abu Dhabi – Mubasher: Zee Stores, a subsidiary of International Holdings Company (IHC), has acquired 60% of privately-held Royal Horizon Holding in exchange for AED 80 million ($21 million). Founded in 2008, Royal Horizon Holding is a distributor …

Mergers and Acquisitions