Thomson Reuters acquires Zawya from Saffar

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

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