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South African MNO Helios Towers debuts shares on LSE in USD 250 mn IPO
South African mobile network operator Helios Towers debuted its shares on the London Stock Exchange yesterday, with the IPO reeling…
RX Health Care Fund to acquire 80-85% of United Pharma
M&A WATCH- Is a United Pharma acquisition finally going to materialize? EFG Hermes-owned RX Health Care Fund is expected to…
HDD receives three bids in sale of 10% stake, management rights
Three bidders for 10% stake + management rights to Heliopolis Housing and Development. Three unnamed companies have submitted bids to…
Egypt’s annual headline inflation falls again in September, clearing the way for more cuts
Headline inflation falls again in September, clearing the way for more rate cuts: Egypt’s annual headline inflation rate dropped for…
Galina-Agrofreeze starts process of launching two subsidiaries on EGX
IPO WATCH: Galina-Agrofreeze approaches Pharos, EFG to list two of its subsidiaries on the EGX: Galina-Agrofreeze Fruits & Vegetables has…
EFG Hermes tops brokerage league for September
EFG Hermes topped the EGX’s brokerage league table for September with a market share of 29%, according to figures released…
EFG lands role in Saudi Aramco IPO
Is EFG getting a slice of the Aramco pie? EFG Hermes has reportedly landed a gig as joint bookrunner in…
What we’re tracking on 29 September 2019
Of rate cuts, EGX rebounds, and a very quiet Friday: To take things in the order they happened, the news…
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