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Another bidder is back for Alex Medical
Yas Holding relaunches its bid to acquire Alex Medical: The UAE’s Yas Holding (formerly known as Emirates Advanced Investments) appears…
THIS EVENING: Alex Medical is back in the bidding war spotlight + Queen Elizabeth II laid to rest
Happy Monday, friends. We bring to you an unusually quiet afternoon on the news front, as the international press is…
THIS MORNING: First in-person EFG Hermes One on One since 2019 kicks off
Good morning from Atlantis The Palm, our home for the week as we settle in for the first EFG Hermes…
Source Beauty sells majority stake to Egyptian Company for Cosmetics
Egyptian Company for Cosmetics (ECC) has acquired a majority stake in Egyptian online beauty store Source Beauty, according to a…
B Investments hasn’t made its mind up on TotalEnergies Egypt
B Investments has not yet decided on whether to preempt Adnoc’s bid to acquire TotalEnergies Egypt. The company’s board said…
THIS EVENING: Gov’t offering investments in state-owned hospitals to private sector + B Investments cites “legal issues” in TEMA transfer notice for TotalEnergies
Happy THURSDAY, friends. It’s a much calmer end to the week than we had expected, judging by the newsflow over…
One more Gulf acquisition in the bag + Kuwait’s sovereign fund joins the party
When one Gulf acquisition wraps, another one opens: Abu Dhabi Ports (ADP) finalized its takeover of a major local shipping…
Expedition Investments consortium acquires 33% of Domty
Expedition bags (almost) all of its targeted shares in Domty: Shareholders in EGX-listed Domty agreed to sell 93.0 mn shares…
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