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Landmark M&A in pharma, education
The week ends with news of two landmark acquisitions, one each in pharma and education. LSE-listed Hikma Pharma plans to…
Galina pushes on with EGP 600 mn stake sale, EGX debut
Galina attracts local, international investor interest in EGP 600 mn stake sale, plans to offer 10% in EGX debut: Agrifoods…
An acquisition here, a stake sale there …
Suez Cement has sold its 51% stake in Kuwait’s Hilal Cement for EGP 155.8 mn, the company said in a…
What the markets are doing on 25 January 2021
Investors might be pinning their hopes on the Fed to maintain the emerging-market rally, which showed signs of faltering late…
Bank ABC isn’t yet buying Blom’s ins. arm
Bank ABC could be getting majority stakes in Blom Bank subsidiary AropeIns. Egypt, Hapi Journal reports, citing unnamed sources with…
Another healthcare M&A in the offing?
Alexandria Medical Services may be up for grabs again: A consortium made up of MabaretAl AsafraHospitals and Africa-focused investment firm…
The Great Lebanese Bank Sell Off: Act II
FAB is acquiring Bank Audi’s Egypt arm: First Abu Dhabi Bank (FAB) has signed a final agreement to acquire 100%…
And, scene: Act I of the Great Lebanese Bank Sell Off
M&A WATCH- It’s official: Blom Bank is selling its Egypt arm to Bahrain’s Bank ABC in an EGP 6.7 bn…
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