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Infrastructure 
“Dire level” of pessimism among US fund managers as economic concerns rise
Funds are worried about where stocks are headed + pile into cash: Stock allocations among heavyweight investors are at the…
SODIC will not revise its MNHD offer upwards without DD
SODIC won’t revise its MNHD offer upwards without DD or more information: Upmarket real estate developer SODIC has said it…
THIS EVENING: SODIC facing a dead end in MNHD acquisition bid? Plus: Chimera closes in on Beltone
Happy hump day, friends. It’s a relatively busy news day here on the home front, with that M&A boomlet we…
MNHD wants SODIC to cough up a lot more
SODIC might have to up its offer 4x if it wants MNHD: Madinet Nasr for Housing and Development’s (MNHD) portfolio…
MNHD wants SODIC to bump up its offer price
MNHD says the price isn’t right on SODIC’s acquisition bid: Madinet Nasr for Housing and Development (MNHD) has rejected a…
THIS EVENING: MNHD says the price isn’t right on SODIC’s acquisition bid + Swvl buys another competitor despite cutbacks. Plus: El Sisi is in Berlin.
Good afternoon, friends. We’re still shaking off the cobwebs from a well-earned long Eid break, but the news waits for…
SODIC makes a play for MNHD
SODIC is bidding to acquire Madinet Nasr Housing and Development (MNHD) as the real estate developer’s new owners look to…
Expedition Investments submits bid for 34% stake in Domty
Expedition Investments has submitted an official bid to acquire a 34% stake in cheesemaker Domty, the Financial Regulatory Authority (FRA)…
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