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Compass Capital cleared to do due diligence on Pachin. Plus: Speed Medical, ICMI make M&A headlines
Yesterday in M&A: Compass Capital got the green light to do due diligence on Egypt’s most sought-after paints company, Speed…
US Fed hints at a slowdown — but no pause — in rate hikes at next meeting
The Fed suggests coming rate hikes may be smaller: US Federal Reserve officials agreed to slow the pace of rate…
Bank ABC and Blom Bank Egypt are now one
Bank ABC and Blom Bank Egypt are now a single entity: Bahrain’s Bank ABC has completed the legal merger of…
Another bidder joins the war for Pachin
Everyone wants a piece of Pachin: Compass Capital has submitted a non-binding offer to purchase between 51-90% of Paint and…
THIS EVENING: New 25% certificates from Banque Misr, NBE + PMI contraction softened in December + Pachin gets another suitor
Good afternoon, friends, and welcome to what has shaped up to be a brisk news day, suggesting the new year…
A Qatari company wants the Ramses Hilton
Qatar has its eye on the Ramses Hilton: Qatar’s Al Kuwari Group has submitted an offer to acquire the Ramses…
THIS EVENING: Qatar’s Al Kuwari has its eyes on Ramses Hilton + Join the Enterprise Business Writing Development Program
Good afternoon, ladies and gents. We’re just about over the midweek hump — and racing towards the upcoming long weekend.…
GB Auto agrees to sell 45% of its leasing business to Chimera Investments
GB Auto approves GB Lease stake sale: GB Auto’s board has approved plans to sell a 45% stake in GB…
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