G42 to acquire 40% stake in Khazna from e& for $2.2bn.

Synopsis

G42, a software company, agreed to acquire 40% stake in Khazna, a data center company, from e&, an UAE telecommunications company, for $2.2bn.

Principals

KHAZNA

Group 42

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Market Context

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Vendor Team (2)

karim bennis

CFO at ETISALAT BY E& (EMIRATES TELECOMMUNICATIONS CORPORATION)

Manager

vendor

Deals

£ 5.73 B

Total Value

connell o'neill

Partner at Gibson Dunn & Crutcher

Lawyer

vendor

Deals

£ 1.74 B

Total Value

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