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What the markets are doing on 15 April 2021
Coinbase shares closed at USD 328.28 on their debut on the Nasdaq yesterday, 31% higher than their USD 250 reference…
EFG board greenlights Arab Investment Bank acquisition
EFG Hermes and the Sovereign Fund of Egypt are getting closer to acquiring a combined 76% stake in the Arab…
What the markets are doing on 14 April 2021
The biggest SPAC acquisition ever is coming out of Singapore as ride-hailing and food delivery platform Grab is going public…
It’s official: CHG wants Alex Medical
Cleopatra Hospitals has confirmed it’s in the race for a stake in Alex Medical: EGX-listed Cleopatra Hospitals Group (CHG) has…
What the markets are doing on 13 April 2021
GLOBAL M&A WATCH- Microsoft bets big on health tech: Microsoft Corporation will acquire AI speech tech company Nuance Communications for…
Bank Audi Egypt ≠ FAB in 2Q2021
First Abu Dhabi Bank is going to have to wait a while longer until it finalizes its acquisition of Bank…
Red hot
The bidding war for Alexandria Medical looks to be heating. EGX-listed Cleopatra Hospitals Group (CHG) is now reportedly throwing its…
GB Auto subsidiary sells 5% stake in Mashroey, Tasaheel’s MNT Investments
GB Auto is selling down its indirect stake in Netherland-based subsidiary MNT Investments to unnamed foreign investors in a EGP…
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