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FRA gives Raya founder until 28 December to submit MTO
M&A WATCH- Raya Holding founder Medhat Khalil has until 28 December to submit bid for 100% of the company he…
Raya founder mulling two proposals from Egyptian, int’l banks to finance MTO
M&A Watch- Raya founder mulling two proposals to finance MTO: Raya Holding founder Medhat Khalil is considering two separate proposals…
Khalil withdraws appeal, asks Egypt’s FRA for 60-day grace period to submit MTO
M&A WATCH- Khalil withdraws appeal, asks FRA for 60-day grace period to submit mandatory offer for Raya: Raya Holding founder…
Sarwa shares fall nearly 10% after Naguib Sawiris’ OIH acquires a stake
Sarwa shares fall nearly 10% after OIH stake acquisition: Sarwa Capital’s share price ended yesterday’s trading session at EGP 6.52,…
What we’re tracking on 19 December 2018
Some notes as we get underway this morning: We’re deep in the arms of the year-end news slowdown. Expect a…
Egypt’s BMW agent said to be considering sale to Egypt, Arab investors
BMW agent in Egypt considering sale? Bavarian Auto Group, the exclusive agent in Egypt for BMW automobiles, may be looking…
What we’re tracking this week and beyond
FRA to look into an appeal by Raya’s Khalil on 23 December: The Financial Regulatory Authority (FRA) will hold a…
Sawiris’ OIH to acquire 30% of Sarwa in 5 business days after EGX tender
M&A WATCH- OIH set to acquire 30% of Sarwa: Naguib Sawiris’ Orascom Investment Holding (OIH) is set to acquire 30%…
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