M&A WATCH- AIND agrees to buyout UE Finance: Arabia Investment, Development and Financial Investment Holding Company (AIND) has agreed to purchase Incolease’s 20% stake in UE Finance and take full ownership of the company, the company said in an EGX disclosure (pdf). AIND has agreed on a fair value assessment produced by financial consultancy firm FinCorp, the company said, adding that the fair share value will be disclosed after the agreement has been reached.

Tags: