OTMT, Act Financial set EGP 4 per share to acquire Beltone
EFSA is studying the offer
Latest in Tag: acquisition Highlight
Latest in Tag: acquisition
EFG Hermes reports highest net profit since 2010
Investment bank operates in eight Arab countries
Clear economic vision is big challenge for Egypt in 2015: EFG-Hermes Head of Research
Egyptian market is, however, the most attractive in the Arab world due to potentially high returns on investments
Speaking two languages slows brain aging
New study shows bilingual children outperform monolingual peers at schools
Sawiris plans to raise capital of New Egypt to $230m after 20% purchase of Hermes
Sawiris-led Alliance purchasing 20% stake in Hermes from shareholders remains committed even if shares restricted from sale during first year
EFSA approves Sawiris-Beltone 20% EFG-Hermes acquisition offer
The Egyptian authority has been assessing the documents submitted by the alliance
Final decision yet to be reached on EFG-Hermes shares purchase: EFSA chairman
Further clarification required before final decision reached on bid by Egyptian investors to buy share of Hermes
HC Securities and Investment acts as financial adviser in EGP3bn acquisition deals
The company has acted as a financial adviser in six acquisition deals, with a total value of EGP 5bn
Nokia shareholders approve mobile phone sale to Microsoft
Nokia’s share price has doubled since the plan was announced in early September with Microsoft agreeing to pay €5.44bn ($7.35bn) for the loss-making company’s mobile phone division.
TPG, Abraaj team up against KKR for Saudi fast-food chain
Riyadh-based Kudu, which operates more than 200 restaurants in the kingdom, is owned by four individual shareholders, including chairman and chief executive Abdulmohsen Bin Abdulaziz Al Yahya
Orascom Telecom may follow Orascom Construction Industries
Possibility that telecoms operator will be acquired by Altimo subsidiary
Former regime figures acquitted
Garranah, Maghrabi, Makhlouf and others have been acquitted from ‘acquisition of state lands’ charges
Qatar National Bank buys 100% of NSGB
EFSA has approved QNB’s offer of EGP 38.65 per share for 100% of NSGB’s shares
Carrefour’s acquisition of Metro smacks of monopoly
Chambers of Commerce say deal threatens retail market and hurts competition
QNB in final stages of NSGB acquisition
Qatar National Bank (QNB) Group announced that it is in “definitive agreement” with the French bank Societe Generale concerning the acquisition of its entire stake in National Societe Generale Bank Egypt (NSGB). Societe Generale owns 77.17 per cent of NSGB. QNB Group will launch a mandatory tender offer (MTO) for 100 per cent of the …