Honoris United Universities

Actis-backed Honoris’ acquisition of Merit University is off

Honoris won’t be acquiring Merit University after all: Actis-backed HonorisUnited Universities’ acquisition of Merit University in New Sohag City has fallen through after the two sides failed to reach an agreement, Seddik Afifi, chairman of Merit University’s board of trustees, told Al Mal. Afifi confirmed the news when we spoke with him yesterday afternoon. The…