Empower India Acquires UAE-Based MABIL in Cross-Border Deal
Empower India Limited has signed a term sheet to acquire a majority stake in UAE-based MABIL through a share swap agreement. This acquisition marks a strategic international expansion for the Mumbai-based firm into the Middle East market.
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DXB Start·May 1, 2026·1 min read·8 hours ago
Mumbai-headquartered Empower India Limited announced its intent to acquire a majority stake in MABIL, a company based in the UAE. The transaction will be facilitated through a share swap, as outlined in a recently signed term sheet.
This cross-border acquisition represents a significant move for Empower India Limited, signaling its strategic expansion into the Middle Eastern market. The deal underscores growing consolidation and investment activity between Indian and UAE businesses.