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Egyptian events startup Eventtus acquired by US’ Bevy
US event management platform Bevy has acquired Egyptian startup Eventtus, the company announced in a statement (pdf) yesterday. Bevy, which…
Shareholders agree to sell 99% of Amoun Pharma to ADQ
ADQ looks like it’s getting almost all of Amoun: Amoun Pharma shareholders have agreed to sell a 99.9% stake in…
Bank ABC launches Blom MTO
Bahrain’s Bank ABC has submitted a mandatory tender offer to acquire up to 100% of Blom Bank Egypt, the Financial…
CI Capital board gives Banque Misr preliminary approval for Souhoola majority stake purchase
CI Capital’s board gives initial nod to the sale of a controlling stake in Souhoola to Banque Misr. The board…
Year of M&A continues with Elsewedy, Raya Contact Center entering the fray
Elsewedy to snap up a controlling stake in Egypt’s International Cables Company in EGP 410 mn transaction: Elsewedy Electric has…
ANFI shareholders snub Zeta MTO as Compass gets FRA approval for rival bid
Zeta doesn’t look like its getting 90% of ANFI: Shareholders of Alexandria National Company for Financial Investment (ANFI) appear to…
Is a Mideast SPAC boom upon us?
Is a Mideast SPAC boom upon us? Bloomberg seems to think so, writing yesterday that Shuaa Capital’s plans to establish…
Enough is enough
Nile Misr Medical Holding is ready to exit the race to acquire Alexandria Medical Services should the bidding war continue…
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