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FRA gives Raya founder until 28 December to submit MTO
M&A WATCH- Raya Holding founder Medhat Khalil has until 28 December to submit bid for 100% of the company he…
Raya Holding
Raya founder mulling two proposals from Egyptian, int’l banks to finance MTO
M&A Watch- Raya founder mulling two proposals to finance MTO: Raya Holding founder Medhat Khalil is considering two separate proposals…
Khalil withdraws appeal, asks Egypt’s FRA for 60-day grace period to submit MTO
M&A WATCH- Khalil withdraws appeal, asks FRA for 60-day grace period to submit mandatory offer for Raya: Raya Holding founder…
What we’re tracking this week and beyond
The Cairo Economic Court is due to rule tomorrow on an appeal by pharma distributors of an anti-trust fine. The…
What we’re tracking this week and beyond
The Federation of Egyptian Chambers of Commerce (known by the unfortunate acronym FEDCOC) will meet with its Saudi counterpart in…
What we’re tracking this week and beyond
FRA to look into an appeal by Raya’s Khalil on 23 December: The Financial Regulatory Authority (FRA) will hold a…
Unnamed foreign bank interested to fund Raya MTO
M&A WATCH- Int’l bank may back Medhat Khalil’s take-private bid for Raya: An unnamed international investment bank could finance Medhat…
Medhat Khalil appeals conditions for Raya MTO
M&A WATCH- Medhat Khalil appeals terms of FRA-mandated takeover bid for Raya: Raya Holding for Financial Investments founder Medhat Khalil…
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