Ezdehar is among several bidders looking to snag Spinney’s from Abraaj

**#4 M&A WATCH- Ezdehar is among several bidders looking to snag Spinney’s from Abraaj, sources close to the matter tell Al Mal. The owners are expected to settle on a buyer and complete the transaction in a month’s time, they add. The newspaper did not name the other bidders. We had reported earlier this month that five unnamed PE firms were in very early stages of talks to acquire stake in Spinney’s from Egyptian shareholders looking to exit their investments, and that our friends at Pharos Holding were advising on the sale.