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THIS EVENING: Inflation accelerates in August + Expedition presents a new offer for Domty
Good afternoon, ladies and gentlemen. We’re just hours away from a very well-deserved weekend after a mad rush of a…
Gulf wealth funds look set to buy into Egyptalum
Gulf sovereign funds look set to invest USD 200 mn in Egyptalum’s overhaul: EGX-listed Egypt Aluminum (Egyptalum) will fund two-thirds…
Credit Agricole and Banque du Caire are both feeling acquisitive
We have two other M&A stories for you this morning: Up first: Credit Agricole will purchase a 4.8% stake in…
The UAE’s Chimera eyes GB Auto’s leasing arm
Chimera to take stake in GB Lease? GB Auto subsidiary GB Capital is in talks with our friends at Abu…
THIS EVENING: Chimera wants 45% of GB Lease + Expedition isn’t upping its MTO for Domty. Plus: It’s energy everywhere abroad
Happy almost-THURSDAY, friends. It’s almost the weekend, and we have a capital markets-heavy news day to show for it. But…
Capricorn cuts Egypt production forecasts on rig delays
Capricorn’s entry to Egypt hasn’t quite gone to plan: Capricorn Energy has lowered its full-year production forecasts in Egypt due…
IDH wants to renegotiate terms for Pakistani diagnostics player
IDH wants to table a new offer for Islamabad Diagnostic Center amid economic woes in Pakistan: IDH is looking to…
Expedition’s offer undervalues cheese maker Domty by 38%, fair value study suggests
BDO has valued Domty at EGP 6.90 per share — 38% higher than the price that the Expedition Investments-led consortium…
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