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Market overview 2025 was a landmark year for M&A in Bahrain. The headline transaction was Ma’aden’s acquisition of SABIC’s 20.62% stake in Aluminium Bahrain (Alba) for approximately BHD 363 million (about $964 million), executed through the Bahrain Bourse’s Special Order Market and representing the largest block trade in the exchange’s history. The wider Alba–Ma’aden business combination discussions were discontinued in January 2025.
Market overview Over the past few years, Bahrain has experienced tremendous growth in M&A activity, driven primarily by industry consolidation in key sectors such as banking and insurance. Additionally, restructuring initiatives have played a vital role in boosting M&A activity as companies seek to optimise their operations and enhance market competitiveness.
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