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Orascom Investment wants at least 25% of Sarwa Capital
** #3 M&A WATCH- Sawiris’ Orascom Investment wants at least 25% of Sarwa Capital: Orascom Investment Holding (OIH)is looking to…
NBE to buy additional 2% of Arab Contractors subsidiary for EGP 1.2 bn
M&A WATCH- NBE to acquire another 2% of Arab Contractors subsidiary? Arab Contractors reportedly sold another 2% of its shares…
Medhat Khalil & Co looking to submit MTO for Raya
** #1 M&A WATCH- Medhat Khalil & Co to submit mandatory offer for 100% of Raya? Conflicting media reports emerged…
Egypt competition watchdog says Ousta’s death pushed it to act on Uber, Careem merger
** #2 Competition watchdog says Ousta’s collapse pushed it to act on Uber, Careem merger: The shutdown of Egyptian ride-hailing…
Matouk Bassiouny was legal counsel for CCI in recent USD 15 mn buyout
Matouk Bassiouny acted as sell-side advisor for Solvay Alexandria Sodium Carbonate (CCI) in the recent USD 15 mn buy-out of…
Egypt real estate giants SODIC, MNHD release operational updates as they push ahead with merger
** #3 M&A WATCH- Real estate giants SODIC and MNHD release operational updates. The two players in what we believe…
Egypt competition watchdog warns Uber and Careem of fines up to EGP 500 mn each in case of merger
** #1 Competition watchdog warns Uber and Careem of fines up to EGP 500 mn each in case of merger:…
Ethydco, SIDPEC and ECHEM acquire 100% stake of CCI for USD 15 mn
M&A WATCH- Three state-owned companies close USD 15 mn buyout of CCI: State-owned companies Egyptian Ethylene and Derivatives Company (Ethydco),…
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