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Ibnsina Pharma acquires 75% stake in Egyptian digital pharmacy app 3elagi
M&A WATCH- Ibnsina Pharma has acquired a 75% stake in digital pharmacy platform and app 3elagi, according to an EGX…
Estadat Holding denies purchase of Egyptian football club
M&A WATCH- State-owned sports management company Estadat Holding hasdenied news it has purchased an Egyptian football club, without naming the…
Sameem Financial quits Prime Holding board after offloading stake
Activist investor Sameem Financial has resigned from the board of directors of Prime Holding, a company in which Sameem previously…
Misr Clearing offloads 70% stake in Makkasa Sport to Estadat
M&A WATCH- MCDR offloads 70% stake in Makkasa Sport to gov’t-owned Estadat: Misr for Central Clearing and Depository (MCDR) has…
Al Ahly Capital acquires El Nada Hospital
M&A WATCH- Al Ahly Capital has reportedly completed its acquisition of 100% of healthcare player Cairo West, which owns El…
First Abu Dhabi Bank resumes talks to acquire Bank Audi Egypt
M&A WATCH- First Abu Dhabi Bank (FAB) has resumed talks with Bank Audi to acquire the Lebanese lender’s Egypt unit,…
Bank ABC to wrap up due diligence on Blom Bank Egypt in mid-November
M&A WATCH- Bahrain’s Arab Banking Corporation (Bank ABC) will wrap up due diligence on Blom Bank Egypt in mid-November, ahead…
Three investors bidding for majority stake in Egypt’s Makkasa Sport
Misr for Central Clearing and Depository (MCDR) is considering three offers for its stake in Makkasa Sport — which owns…
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