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Almarai to launch USD 75 mn acquisition bid for Egypt’s Greenland?
M&A WATCH- Almarai to launch USD 75 mn bid for Greenland? Saudi dairy product producer Almarai is reportedly looking to…
Medhat Khalil considers forming consortium for EGP 500 mn take-private bid on Raya
M&A WATCH- Medhat Khalil considers forming consortium for EGP 500 mn take-private bid on Raya: Raya founder Medhat Khalil is…
FRA suspends Beltone’s investment banking arm for six months
FRA suspends Beltone Investment Banking for six months: With barely 30 minutes left in Thursday’s trading session, the Financial Regulatory…
Egypt’s Banque Misr sells 2% stake in Saudi’s Samba
M&A WATCH- Banque Misr has sold its 2% stake in Saudi Arabia’s Samba Financial Group for USD 370 mn, Vice…
Orascom Investment wants at least 25% of Sarwa Capital
** #3 M&A WATCH- Sawiris’ Orascom Investment wants at least 25% of Sarwa Capital: Orascom Investment Holding (OIH)is looking to…
Egypt competition watchdog says Ousta’s death pushed it to act on Uber, Careem merger
** #2 Competition watchdog says Ousta’s collapse pushed it to act on Uber, Careem merger: The shutdown of Egyptian ride-hailing…
Matouk Bassiouny was legal counsel for CCI in recent USD 15 mn buyout
Matouk Bassiouny acted as sell-side advisor for Solvay Alexandria Sodium Carbonate (CCI) in the recent USD 15 mn buy-out of…
Egypt real estate giants SODIC, MNHD release operational updates as they push ahead with merger
** #3 M&A WATCH- Real estate giants SODIC and MNHD release operational updates. The two players in what we believe…
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