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Logistics (MENA) 
M&As are up this year despite headwinds and heightened regulatory scrutiny
US M&A activity took a hit, dropping 8% y-o-y to USD 338 bn
Amoun wants a majority stake in EGX-listed Atlas
Amoun is after 65.59% of Atlas for Investment and Food Industries
Palm Hills’ Yasseen Mansour snaps up more of Taaleem + Magrabi and Rivoli Vision to merge
Mansour has bought a additional 10.1% stake in Taaleem in an EGP 773.2 mn transaction
City Lab is making a play for five more medical companies
The company will acquire 50% of five medical companies through a mix of capital increases and a direct share purchase
US-based Sultan Ventures acquires homegrown startup investor Acasia Group
The acquisition creates a new US-MENA bridge
Kellanova to sell its entire stake in Bisco Misr to UAE-based HSA Group
The transaction is set to close by 1Q 2025
AngloGold Ashanti to buy Centamin in USD 2.5 bn transaction in bid to acquire Egypt’s Sukari mine
The transaction is expected to close in 4Q 2024
OCI offloads methanol interests to Methanex for USD 2.05 bn
The transaction will see OCI get a 13% ownership in Methanex to make it the company’s second largest shareholder
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