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Veon nearly completes MTO of 42.3% of Global Telecom Holding
M&A WATCH- GTH nearly completes sale of 42.3% stake to Veon: Global Telecom Holding (GTH) shareholders have completed the sale…
Care Healthcare divests 31.5% stake in Cleopatra Hospitals
M&A WATCH- Care Healthcare divests 31.5% stake in Cleopatra Hospitals: Care Healthcare sold a 31.5% stake in Cleopatra Hospital Group…
Orascom Investment withdraws offer to acquire Nile Sugar
M&A WATCH- Sawiris’ Orascom Investment backtracks from Nile Sugar acquisition: Orascom Investment Holding (OIH) has withdrawn its offer to acquire…
ODE sells 51% stake in Oberoi Zahra for USD 4 mn
Orascom Development Egypt (ODE) has sold its 51% stake in Oberoi Zahra, a Nile cruise floating boat, to a private…
Egypt approves Energean’s takeover of Edison’s oil and gas assets in Egypt
M&A WATCH- Oil Ministry approves Energean’s acquisition of Edison’s Egypt oil and gas assets: Oil Minister Tarek El Molla has…
Actis gets approval to take over management of CHG’s majority shareholder
M&A WATCH- Actis gets regulatory approval to manage Cleopatra Hospital’s majority shareholder: EM private equity fund Actis received approval from…
Univert opens talks to acquire 10% of Sohag Food Industries
M&A WATCH- Univert is seeking a minority stake in Sohag Food Industries: Pasta-maker Univert Food Industries has opened talks to…
Baker McKenzie appoints Ghada El Ehwany as M&A partner at its Egypt office
MOVES- Baker McKenzie has appointed Ghada El Ehwany (LinkedIn) as an M&A partner at its Egypt office, the law firm…
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