MNHD, SODIC advisers meet for talks on potential merger

M&A WATCH- MNHD, SODIC advisers meet for talks on potential merger: Advisers on the potential merger of leading real estate players SODIC and MNHD met last Thursday to discuss how to combine the two businesses, according to a regulatory filing (pdf) from SODIC. SODIC had appointed CI Capital and White & Case as its advisors, while MNHD tapped EFG Hermes and Zaki Hashem & Partners to advise it on the potential transaction. Talks between both companies began last month to explore the potential upside from their combined assets, resources, and experience.