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SODIC approves Aldar offer despite falling short of fair value report benchmark
SODIC’s board of directors has approved a bid from Aldar Properties and ADQ despite the offer price falling short of…
Will the Great IPO Rush of 2021 spill over into next year?
The record IPO rush could soon dwindle down: After 2021 panned out as the biggest year for IPOs on record,…
TONIGHT: We’re still at zero Omicron at home + SODIC gives Aldar-ADQ offer its blessing
It’s another Omicron-led news day, ladies and gentlemen. The new variant is still very much driving the conversation abroad on…
We still don’t know if Ezz Steel is acquiring a stake in Egyptian Steel
MARKET NEWS- Ezz Steel’s alleged acquisition of a stake in Egyptian Steel is still unconfirmed: Early reports that Ezz Steel…
M&A looks set to be What’s Next on Planet Startup
Selling to an established giant is an option for most young companies (hello, exit), but they’re rare in Egypt compared…
A final offer?
The Emirati consortium bidding to acquire upmarket developer SODIC will not up its bid again if shareholders reject the price…
Aldar-ADQ acquisition of SODIC approved by FRA
Aldar-ADQ bid for SODIC is one step closer to materializing after getting regulatory green light: The UAE’s Aldar Properties and…
Edita wants Ole bakeries producer
EGX-listed Edita Food Industries has submitted a non-binding letter of intent to acquire the Egyptian Belgian Company’s assets, according to…
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