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Beltone taps Forvis Mazars for Lumen Aegis valuation
Plus: India’s zero-duty window offers a lifeline for recovering cotton sector
GrowthLabs takes over Startup Gate via share-swap
The transaction, which includes an equity-swap component and performance-tied earn-outs, was valued at roughly EGP 35 mn
Magrabi Retail acquires 51% stake in Egyptian retailer Baraka Optics Group
The transaction will bring together two of the country’s biggest eyewear family businesses under a single corporate umbrella, with roughly…
Raya zeroes in on Ostool exit
The BoD signed off on the independent fair value study prepared by Prime Capital and cleared by the FRA
PickAlbatros files for Mövenpick Casablanca, its second Casablanca hotel buy in a month
The hospitality group has filed to acquire the 184-key hotel’s commercial and real estate assets from Casablanca-listed insurer Sanlam Morocco
Andalusia Health gets a booster shot from Banque Misr
Plus: PickAlbatros revealed as buyer of EGP 3.8 bn Sahl Hasheesh asset
NBE buys 20% of Scatec's USD 600 mn Obelisk solar project
NBE’s entry brings Scatec’s economic interest down to 40%, though the Norwegian developer retains majority control
Beltone VC and Citadel exit Bosta at 75% IRR via joint fund
Beltone VC has booked five exits since its 2023 launch
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