IPO WATCH- Unionaire Group has reportedly pushed its planned IPO to 1Q2019, company sources said on Thursday. The company has yet to determine the size of its listing, but it will likely be in the range of 30% of its shares, according to the sources. Unionaire Group had been expected to list in 2H2018, as we noted previously. Who’s advising? KPMG Hazem Hassan is currently working on the company’s restructuring plan, EFG Hermes is leading the offering, and Matouk Bassiouny and Sarie Eldin & Partners have been tapped as legal advisors.

Tags: