Thomson Reuters, has acquired Zawya Limited, an online service supplying profiles of companies in in the Middle East and North Africa, along with real-time news and research, and an online network for professionals. The terms of the deal were not disclosed.
Zawya was bought from Saffar, a MENA focused financial services and investment group.
Arma Partners acted as exclusive financial adviser to Saffar, and SNR Denton and Maples & Calder acted as legal advisers to Saffar on the sale of Zawya.
UAE, Dubai