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What we’re tracking on 19 December 2018
Some notes as we get underway this morning: We’re deep in the arms of the year-end news slowdown. Expect a…
Egypt’s BMW agent said to be considering sale to Egypt, Arab investors
BMW agent in Egypt considering sale? Bavarian Auto Group, the exclusive agent in Egypt for BMW automobiles, may be looking…
What we’re tracking this week and beyond
FRA to look into an appeal by Raya’s Khalil on 23 December: The Financial Regulatory Authority (FRA) will hold a…
Sawiris’ OIH to acquire 30% of Sarwa in 5 business days after EGX tender
M&A WATCH- OIH set to acquire 30% of Sarwa: Naguib Sawiris’ Orascom Investment Holding (OIH) is set to acquire 30%…
Fintech trends in 2019
2019 could be a year of M&A for fintech: Fintech may be starting to mature enough that a wave of…
Egypt’s B Investments mulling USD 15-20 mn acquisition in Benban solar plant
M&A WATCH- B Investments eyes 50% stake in 50 MW Benban solar plant: Private equity firm B Investments is looking…
Unnamed foreign bank interested to fund Raya MTO
M&A WATCH- Int’l bank may back Medhat Khalil’s take-private bid for Raya: An unnamed international investment bank could finance Medhat…
MM Group increases stake in Kanawat Distribution to 62.7%
M&A WATCH- MM Group for Industry and International Trade increased its stake in Kanawat Distribution to 62.7% up from 37.5%…
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