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FAB restarts talks to acquire Bank Audi Egypt -sources
M&A WATCH- FAB revives talks to acquire Bank Audi Egypt: First Abu Dhabi Bank (FAB) is reportedly planning to re-enter…
Egypt secures USD 2 bn loan from int’l banking consortium
Egypt has closed a USD 2 bn financing package with regional and international banks to plug budget shortfalls resulting from…
Bank Audi denies reports of resumed acquisition talks with FAB
M&A WATCH- Bank Audi has not resumed talks with suitors interested in its Egypt assets since its shelved negotiations with…
Palm Hills seeks EGP 400 mn following debt restructuring to develop The Crown
Palm Hills Developments is reportedly in talks with seven banks to restructure its EGP 1.24 bn debt and borrow an…
Egypt hires UAE banks to arrange USD 1 bn loan
DEBT WATCH- Egypt hires UAE banks to arrange USD 1 bn loan: Egypt has tapped Emirates NBD and First Abu…
FAB, Bank Audi confirm pause on acquisition talks
M&A WATCH- FAB, Bank Audi confirm acquisition talks are on ice: Bank Audi and First Bank of Abu Dhabi (FAB)…
FAB completes due diligence on Bank Audi Egypt acquisition, now finalizing its offer
M&A WATCH- FAB completes due diligence on Bank Audi Egypt: First Abu Dhabi Bank (FAB) has completed due diligence on…
First Abu Dhabi Bank pushes ahead with Bank Audi Egypt acquisition
M&A WATCH- First Abu Dhabi Bank pushes ahead with Bank Audi Egypt acquisition: First Abu Dhabi Bank (FAB) is proceeding…
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