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MaxAB to merge with Kenyan B2B e-commerce player Wasoko
The merged entity will sell to more than 450k merchants in eight African countries
Beltone is snagging 51% of local seed distributor NSC
The acquisition is expected to be finalized this year
Nahdet Misr acquires stake in early education startup Innovvette
Innovvette’s ownership is now equally split between its founding partner, CIRA Education, and Nahdet Misr
Egytrans’ NOSCO acquisition pushed back to early 2024
A delay in legal procedures pushed back the acquisition date
OCI to sell Iowa Fertilizer Company for USD 3.6 bn
The sale proceeds will help reduce OCI’s debt
OCI to sell entire 50% stake in Fertiglobe to Adnoc for USD 3.62 bn
The transaction prices Fetiglobe shares at an 8% premium at AED 3.20 per share
Raya Holding to up its stake in Ostool to 90%
Raya has signed an agreement to purchase another 28% stake in its subsidiary
B Investments’ board approves Orascom Financial acquisition bid
B Investments approved a plan to submit the MTO back in June
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