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EBRD, DPI, CDC to raise additional USD 500 mn for future Africa investments of new pharma platform
INVESTMENT WATCH- EBRD, CDC, DPI consortium to raise additional USD 500 mn for pan-African investments: The European Bank for Reconstruction…
What we’re tracking on 18 November 2020
It’s a pleasantly brisk news morning today — just enough of it to get your brain cells firing, but not…
Odin Investments to move forward with El Nasr Civil Works acquisition this month
M&A WATCH- Odin Investments to move forward with El Nasr Civil Works acquisition this month: Odin Investments is expected to…
Endeavour to acquire Teranga Gold for USD 1.86 bn in 2021
M&A WATCH- Sawiris-backed Endeavour Mining will acquire Teranga Gold in a USD 1.86 bn share swap expected to close in…
Emirates NBD denies reports it has exited the race to buy Blom’s Egypt arm
M&A WATCH- Emirates NBD denies reports it has exited the race to buy Blom’s Egypt arm: Sources at Emirates NBD…
Egyptian Saudi Insurance House acquires 6.5% stake in Dice
M&A WATCH - The Egyptian Saudi Insurance House (ESIH) acquired a 6.5% stake in clothing manufacturer Dice for EGP 49.8…
Egypt Kuwait Holding doubles stake in Mohandes Insurance
M&A WATCH- Egypt Kuwait Holding (EKH) more than doubled its stake in Mohandes Insurance to 20.4% in a EGP 109.7…
Raya close to offloading recycling subsidiary BariQ
M&A WATCH- Raya Holding looks poised to sell the entirety of its recycling subsidiary BariQ to an unnamed foriegn investor…
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