Saturday, October 18

Tag: Multiply Group

Multiply Group Announces Plans to Acquire 2PointZero and Ghitha Holding via Share Swap
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World

Multiply Group Announces Plans to Acquire 2PointZero and Ghitha Holding via Share Swap

The proposed acquisition forms part of Multiply Group’s broader strategy to build scale, enhance portfolio synergies, and drive long-term value. • 2PointZero brings scalable assets across energy, mining and financial services, while Ghitha Holding contributes a diversified food and agriculture platform. • The transaction remains subject to shareholder and regulatory approvals, with further details to be announced upon completion of the review process. Multiply Group (ADX: MULTIPLY), the Abu Dhabi-based investment holding company that invests in and operates businesses globally, today announced that its Board has approved aproposal to acquire 2PointZero and Ghitha Holding through a share swap transaction. Under the proposed terms, Multiply Group would of...
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NCA Engages Multichoice Ghana on DStv Pricing Review
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News

NCA Engages Multichoice Ghana on DStv Pricing Review

The National Communications Authority (NCA) has confirmed that it has received Multichoice Ghana’s official response to its notice of intention to suspend the company’s authorisation and its request for details of their pricing model. In a statement issued on Sunday, the NCA said it has been engaging Multichoice Ghana following the company’s public statement of September 5, 2025. According to the Authority, key clarifications have since been made. Multichoice Ghana has agreed to the directive from the Minister for Communication, Digital Technology and Innovations to establish a Stakeholder Committee to review DStv pricing in the country. The company further indicated its full commitment to participate in the process. The NCA added that Multichoice has assured it will respect due p...
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Multiply Group Completes Acquisition of Tendam, Doubling Operational EBITDA and Expanding Global Footprint 
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World

Multiply Group Completes Acquisition of Tendam, Doubling Operational EBITDA and Expanding Global Footprint 

• Tendam is Spain's second-largest apparel group by market share and one of Europe’s leading omnichannel apparel groups.  • Tendam’s 12 well-established owned fashion brands offer diversity and international exposure, further deepening the Group’s presence in consumer-focused industries. • The transaction, valued at AED 5.6 billion (€ 1.3 billion) enterprise value, positions Multiply Group as a key player in the global Retail & Apparel landscape. : Multiply Group (ADX: MULTIPLY), the Abu Dhabi-based investment holding company that invests in and operates businesses globally, today completed its first major investment in Europe with the acquisition of a majority stake in Tendam, Spain’s second-...
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Multiply Group lights up the world with the launch of Multiply Media Group, creating
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World

Multiply Group lights up the world with the launch of Multiply Media Group, creating

a media powerhouse headquartered in the UAE ● Multiply Media Group (MMG) combines BackLite Media, Viola Media and Media 247 to operateone of the UAE’s largest and most premium outdoor portfolios with 3,000 units● Newly consolidated media group will serve as a launchpad to capture regional and globalopportunities in the media sector, including Saudi Arabia, the UK, Europe and the U.S.● MMG to redefine the region’s media landscape through innovation, scale and strategic partnerships● MMG launched at World Out of Home Organization (WOO) Annual Congress in Mexico City Multiply Group (ADX: MULTIPLY), the Abu Dhabi-based investment holding company, today launches MultiplyMedia Group (MMG), uniting the three market-leading out-of-home (OOH) companies under its portfolio to create anew media...
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Multiply Group signs landmarkinvestment with CVC and PAI Partners to secure a controlling stake (67.91%) in Tendam, with the transaction expected to double Multiply’s operational EBITDA post-consolidation
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Technology

Multiply Group signs landmarkinvestment with CVC and PAI Partners to secure a controlling stake (67.91%) in Tendam, with the transaction expected to double Multiply’s operational EBITDA post-consolidation

• Multiply Group establishes new Retail and Apparel Vertical with Tendam as its anchor business, further deepening the Group’s presence in consumer-focused industries.  • Tendam is Spain's second-largest apparel group by market share and one of Europe’s leading omnichannel apparel groups, operating 1,800 points of sale in more than 80 markets including Spain, Portugal, France, UAE and Latin America and brands such as Women’secret, Springfield and Cortefiel.  • This majority stake in Tendam is the latest verticalbuilding investment activity by Multiply Group,having recently deployed approximately AED 1billion to acquire BackLite Media, Excell...
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