Latest news with #NicolasParasie
Bloomberg
04-07-2025
- Business
- Bloomberg
Brookfield Explores Buying Luxury Hotel on Dubai's Palm Jumeirah
By and Nicolas Parasie Save Brookfield Asset Management Ltd. is exploring a deal to buy a luxury hotel on Dubai's Palm Jumeirah, according to people familiar with the matter. The investment firm is in talks to purchase Sofitel Dubai The Palm in a transaction that could value the property at about 2 billion dirhams ($545 million), the people said, requesting anonymity as the information is private. If completed, the acquisition will mark Brookfield's first hotel investment in Dubai.
Bloomberg
10-02-2025
- Business
- Bloomberg
Saudi Arabian Unicorn Tabby Taps HSBC, JPMorgan, Morgan Stanley for IPO
By , Matthew Martin, and Nicolas Parasie Save Saudi Arabia-based Tabby, one of the Middle East's first fintech unicorns, has hired banks to help prepare for an eventual initial public offering, according to people familiar with the matter. The buy-now, pay-later firm is working with HSBC Holdings Plc, JPMorgan Chase & Co. and Morgan Stanley on the deal, the people said, asking not to be identified as the information isn't public. The plans at an early stage, and no final decisions have been made on the timing or the size of the offer, they said.
