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Sovereign fund eyeing a piece of Atyab? Plus: The latest on the Mogamma.
Sovereign fund looking to get in on ADQ’s acquisition of Atyab? The Sovereign Fund of Egypt (SFE) is reportedly mulling…
Misr Capital won’t merge with CI Capital (for now)
Banque Misr is likely keeping its investment arm, Misr Capital, separate from CI Capital, in which it now holds a…
Banque Misr officially holds 90% of CI Capital
Banque Misr’s EGP 3.06 bn acquisition of 65% of CI Capital went through today, after completing a mandatory tender offer…
GSK Egypt rejects Acdima’s bid to start due diligence, closing the door to a sale
GlaxoSmithKline Egypt’s board of directors has rejected a request submitted by Acdima to start due diligence on the company, GSK…
Egytrans conditionally approves Hassan Allam Utilities purchase offer
Transport player Egytrans has conditionally accepted an offer submitted by HA Utilities Holding (HAUH) last week to acquire a controlling…
Al Tayseer ups its stake in Mansoura Medical Center
Al Tayseer Healthcare Group (THG) has upped its stake in Mansoura MedicalCenter to 50.3%, acquiring an additional 17.3 % of…
What we’re tracking on 15 March 2021
Good morning, friends, and welcome to another brisk news day in which M&A news takes a back seat to the…
On your marks...
Race for Alex Medical to heat up later this month: A consortium of Mabaret Al AsafraHospitals and investment firm Tana…
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