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THIS EVENING: Edita is getting USD 45 mn from the IFC
Good afternoon, friends. Welcome to a new week, as well as a new month that may be bringing cooler weather,…
Edita turns to NBK to finance Fancy Foods acquisition
The amount will be used to refinance the acquisition of Edita Frozen Food Industries and fund its expansion.
So many earnings…
The earnings dump continues: The end-of-earnings-season rush continued yesterday, with a number of EGX-listed companies releasing their 2Q / 1H…
Edita + Al Baraka Bank in line for loans from IFC
The international lender could lend USD 85 mn to the two companies, and mobilize an additional USD 15 mn for…
THIS EVENING: Edita could be getting a USD 30 mn IFC loan this month
Happy hump day, ladies and gentlemen. It’s a reasonably busy news day as we kick off a fresh month, which…
Snackmaker Edita plans to more than double capex in 2023
That doesn’t include an extra EGP 400 mn investment in newly acquired Fancy Foods
Edita is now the owner of Fancy Foods
Edita will invest EGP 400 mn over the coming year to expand the business
Edita’s net income more than doubles in 1Q 2023
Demand continued to grow even as Edita ramped up prices
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