Attijariwafa completes acquisition of Barclays Egypt

M&A WATCH- Morocco’s Attijariwafa Bank completed its acquisition of 100% of Barclays Bank Egypt yesterday for c. USD 495 mn, according to an EGX release (tap here for the pdf). The nearly EGP 9 bn transaction took place over the counter following approval from the central bank, Al Masry Al Youm reports.