M&A WATCH- Misr Cafe pulls out of sale talks: Misr Cafe has ended all talks with prospective suitors to sell a stake in the company, sources close to the negotiations tell Enterprise. Misr Cafe apparently broke off negotiations few months back, sources added. We were told that the company probably will not revisit talks on a potential stake sale until 4Q2018. Prospective buyers previously noted in the local press include Ezdehar’s midcap fund and NBK Capital.
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