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TFK acquires 100% of Opio
TFK to add three vertical fashion brands to its portfolio this year
Abou Hashima to acquire 5% of Beltone
Beltone is looking to raise EGP 10 bn via a capital increase
EM currency volatility on the decline + Gulf state firms go shopping
One measure of EM currency volatility is at its lowest since October 2021
Ezz Steel, Ezz Dekheila Steel deny knowledge of rumored share sale
The gov’t is reportedly looking to sell shares in Ezz Dekheila to its parent company
Ezz Dekheila Steel handed EGP 20 bn+ valuation ahead of potential stake sale
Steel giant Ezz Steel could acquire a 14% stake held by state banks in its EGX-listed subsidiary
B Investments on course to acquire majority stake in Orascom Financial Holding
B Investments could soon become Orascom Financial Holding’s majority shareholder
It was an eventful week on the privatization front + CBE has a decision to make next week
Good morning, everyone, and happy FRIDAY. We’re edging ever closer to the much-needed Eid break at the end of the…
Edita is now the owner of Fancy Foods
Edita will invest EGP 400 mn over the coming year to expand the business
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