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State exits microfinance player Tamweely after EGP 2.8 bn buyout by int’l consortium
The acquisition comes just ahead of our fourth IMF loan program review in late September
What’s next for EGX-listed Middle East Glass?
MENA Glass Holding upped its stake in EGX-listed bottle maker Middle East Glass to 93.7% last month
Cairo Housing and parent company eye raising stake in United Housing to 90% through MTO
If the transaction moves forward, the share swap will happen at a ratio of one United share to three Cairo…
That’s a wrap on Basata’s stake acquisition of MadfoatCom
The two buyers were 2.9 percentage points off their target to acquire up to 30% of the Jordanian company
GCC investors want a stake in the new capital’s Mount International School
The school is currently valued at some EGP 700 mn
The future of B Investments’ stake in Gourmet is up in the air
B Investments is looking into either fully exit or increase its 53% stake in the compay
Egypt’s MaxAB and Kenya’s Wasoko complete Africa's largest-ever tech merger
The merger establishes a Pan-African platform serving Africa's USD 600 bn informal retail sector
MENA Glass nearly doubles stake Middle East Glass to c 93.7%
Stakeholders agreed to offload 25.1 mn shares in an EGP 2.8 bn transaction
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