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Lorax Capital acquires “significant” minority stake in Dsquares in first investment by its new fund
Lorax Capital Partners has acquired a “significant” minority stake in loyalty services provider Dsquares through its LCP Fund II, the…
The Great Lebanese Bank Sell Off, Act I
The Great Lebanese Bank Sell Off is gaining steam: Gulf banks First Abu Dhabi Bank and Bank ABC are both…
What the markets are doing on 30 November 2020
The EGX30 rose 0.3% yesterday on turnover of EGP 1.2 bn (7% above the 90-day average) as foreign investors were…
GCC wealth funds eye USD 700 mn Amoun Pharma acquisition
Amoun Pharma could be the target of a joint acquisition bid by the Emirati and Saudi sovereign wealth funds, who…
Zed Sports confirms acquisition of majority stake in FC Masr
M&A WATCH- Sawiris’ sports investment company Zed Sports has acquired a majority stake in FC Masr, CEO Ahmed Diab confirmed…
EFG Hermes, SFE to complete due diligence on AIB in February -sources
M&A WATCH- EFG Hermes and the Sovereign Fund of Egypt (SFE) will complete due diligence on the Arab Investment Bank…
Last Night’s Talk Shows on 23 November 2020
On the talk shows last night: You customary covid coverage, the House run-off elections and an awkward question posed about…
Sawiris’ attempts to acquire Shalateen Mining in doubt as talks halted
M&A WATCH- Sawiris’ attempts to acquire Shalateen Mining in doubt as talks stop: Naguib Sawiris’ talks with the government to…
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