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Nile Scan isn’t partnering with Speed on Alex Medical bid
Nile Scan is bidding independently for a majority stake in Alexandria Medical Services and isn’t in talks to partner with…
Healthcare mega-merger is off
Alameda Healthcare and EGX-listed Cleopatra Hospitals Group (CHG) will not be tying up, Cleopatra said in a brief regulatory filing…
Elsewedy expands in South Asia
Elsewedy Electric has acquired two power transformer companies in Indonesia and Pakistan in transactions worth a combined USD 60 mn,…
Reeling in SPACs
US regulators could soon begin sinking their teeth into SPACs after Gary Gensler was appointed by the Biden administration to…
Blom Bank is one step closer to leaving Egypt
The acquisition of Blom Bank Egypt by Bahrain’s Bank ABC will get approval from the Central Bank of Egypt (CBE)…
Raya wraps up agreement to sell BariQ to Intro Group
Raya agrees BariQ sale: Raya Holding has signed an agreement with Intro Group subsidiary Intro Waste Management to sell 100%…
Nile Misr Healthcare eyes six potential acquisitions
Nile Misr Healthcare is currently doing due diligence on six potential investment targets, CEO Tarek Moharram told the local press.…
IPR Wastani taking Dana Gas to arbitration
IPR Wastani seeks arbitration for cancelled sale of Dana Gas’ Egypt assets: IPR Wastani Petroleum is filing for arbitration after…
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