HC Securities & Investment is looking to close its first private equity transaction worth between EGP 500 mn and 1 bn this year, Chairman Hussein Choucri told Hapi Journal. HC is targeting several similar transactions in which regional and international investors acquire stakes of up to 30% in companies. HC is also working on eight M&A transactions worth USD 25-75 mn each.
More from Enterprise
AI in Egyptian banking is “in its infancy,” and the pause is deliberate
Bankers say the rules aren’t written yet. Data center builders…
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
EFG has three more IPOs lined up before year-end, including one hefty offering
Group CEO Karim Awad credits the central bank’s decision to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…