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What we’re tracking on 27 November 2019
The nature and timing of an expected cabinet shuffle continues to be the top story about Egypt in the minds…
RX Healthcare finalizes Al Mottahedoon Pharma acquisition
M&A WATCH- Rx Healthcare Fund finalizes Al Mottahedoon Pharma acquisition: EFG Hermes’ Rx Healthcare Fund has finalized its acquisition of…
EFG Hermes, Evercore tapped to lead Central Bank of Egypt’s United Bank sale
M&A WATCH- EFG Hermes, Evercore tapped to lead United Bank sale: The Central Bank of Egypt (CBE) has appointed EFG…
Egypt's FRA to Adeptio: Your Americana MTO offer shall not pass
M&A WATCH- FRA tells Adeptio: Your Americana MTO offer shall not pass: The Financial Regulatory Authority (FRA) has rejected the…
Al Madar back in the running to acquire Emisal Salts stake?
M&A WATCH- Is Al Madar back in the running to acquire Emisal Salts stake? A consortium of Kuwait’s Al Madar…
What we’re tracking on 19 November 2019
It’s a reasonably quiet morning on the business / finance / econ news front in Egypt. The three big news…
Americana Egypt minority shareholders turn down Adeptio's offer price
M&A WATCH- Americana minority shareholders turn down Adeptio's offer price: Minority shareholders in the Egyptian International Tourism Projects Company (Americana)…
FRA is now studying Adeptio’s MTO offer to acquire Americana Egypt
M&A WATCH- FRA begins review of Adeptio MTO for Americana acquisition: The Financial Regulatory Authority (FRA) is reviewing the mandatory…
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