Eagle Capital acquires Abou Hashima’s stake in Egyptian Media

M&A WATCH- Eagle Capital announced yesterday it has acquired Ahmed Abou H ashima’s stake in Egyptian Media Group, Al Masry Al Youm reports. EMG is the parent company of high-profile media assets including Synergy and OnTV. The value of the transaction was not disclosed. The transaction is Eagle Capital’s first, said chairperson and former investment minister Dalia Khorshid, noting that the sector “reflects our interest in a strategic sector that touches the live of consumers on a daily basis.”