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Bye, WM. Wink wink, Chimera
Beltone halts WM due diligence after Chimera enters the chat: Beltone Financial has suspended the WM Consultancy-led consortium from doing…
Welcome, FABMisr
First Abu Dhabi Bank (FAB) has completed the merger of Bank Audi Egypt and rebranded its Egypt operations as FABMisr,…
Bidding war over Beltone afoot?
UAE’s Chimera puts in an offer for Beltone: Our friends at Abu-Dhabi based investment firm Chimera Investments have submitted a…
Savola closes Ole bakery acquisition
The Egyptian Belgian Company has new Saudi owners: Saudi food conglomerate Savola has signed an agreement to acquire 100% of…
THIS EVENING: CIRA confirms its future flow securitization plans + Savola closes Ole Bankery acquisition. Plus: Inflation accelerated again in May
Good afternoon, wonderful people. Pat yourselves on the back for making it through this week, which is going out with…
Benya to sell equity stake in USD 150 mn private placement
IT infrastructure contractor Benya Group is looking to raise USD 150 mn via a private placement before the end of…
Beltone gives its suitors the nod to conduct due diligence ahead of potential acquisition
Beltone Financial has given the go-ahead to a consortium of investors to conduct due diligence after it submitted an offer…
Markets shrug after OPEC ups oil supply increases + the US turns to foes for oil
Oil producers to temporarily up supply: OPEC+ has agreed to boost oil production in July and August by 650k barrels…
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