G42 → e&: $2.2B acquisition
G42 buys 40% of Khazna from e&. G42, with MGX and Silver Lake, buys e&'s 40% of Khazna, the data centre builder behind Stargate UAE.
- Date
- Feb 25, 2025
- Paid by
🇦🇪 G42- Received by
🇦🇪 e&- Type
- Acquisition
- Amount
- $2.2B
- Status
- closed
- Note
- $2.2B for 40% of Khazna (with MGX and Silver Lake)
Sources
All deals between G42 and e&
- Feb 25, 2025 G42 → e& · G42 buys 40% of Khazna from e& $2.2B
More G42 / e& deals
- May 22, 2025 Stargate UAE with G42 in Abu Dhabi n/a
- May 14, 2025 UAE: up to 500,000 Nvidia chips a year, 100,000 to G42 n/a
- Apr 15, 2024 Microsoft invests $1.5 billion in G42 (Abu Dhabi) $1.5B