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It’s official: CHG wants Alex Medical
Cleopatra Hospitals has confirmed it’s in the race for a stake in Alex Medical: EGX-listed Cleopatra Hospitals Group (CHG) has…
What the markets are doing on 13 April 2021
GLOBAL M&A WATCH- Microsoft bets big on health tech: Microsoft Corporation will acquire AI speech tech company Nuance Communications for…
Bank Audi Egypt ≠ FAB in 2Q2021
First Abu Dhabi Bank is going to have to wait a while longer until it finalizes its acquisition of Bank…
Red hot
The bidding war for Alexandria Medical looks to be heating. EGX-listed Cleopatra Hospitals Group (CHG) is now reportedly throwing its…
GB Auto subsidiary sells 5% stake in Mashroey, Tasaheel’s MNT Investments
GB Auto is selling down its indirect stake in Netherland-based subsidiary MNT Investments to unnamed foreign investors in a EGP…
What the markets are doing on 11 April 2021
Alibaba just got slapped with China’s largest antitrust penalty, with Chinese regulators imposing a USD 2.8 bn fine on the…
Sodic taps financial advisors to assess Aldar acquisition bid
Sodic to weigh Aldar acquisition offer: Our friends at Sodic have appointed unnamed financial advisors to look into Emirati real…
EFG, SFE closing in on AIB acquisition + El Salhiya is on the block
The Sovereign Fund of Egypt and EFG Hermes look set to wrap up their acquisition of Arab Investment Bank this…
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