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What we’re tracking on 22 October 2020
Good morning, friends, and happy Thursday. The big news of the day from where we sit is Moustafa Madbouly’s warning…
What we’re tracking on 21 October 2020
All anyone is talking about this morning is … the weather. Heck, we know folks who have canceled vacation days…
Ithmaar Bank ups its stake in Faisal Islamic Bank to 14%
M&A WATCH- Bahrain’s Ithmaar Bank has acquired its subsidiary Faisal Investment Bank of Bahrain’s shares in Faisal Islamic Bank of…
AluNile eyes stakes in building materials companies in 2021
M&A WATCH- Ezdehar’s Nile Aluminum and Metals Company (AluNile) is eyeing stakes in other building materials companies and could start…
Blom Bank Egypt sale could wrap in November, sources say
M&A WATCH- Blom Bank’s sale of its Egypt arm could be completed in November, with offers from Emirates NBD and…
What we’re tracking on 18 October 2020
Good morning, friends, and welcome to a new workweek. If you’re not WFH, you may want to hit the road…
Suez MTO for 100% of Tourah Cement kicks off today
Shareholders in Portland Tourah Cement Company (Tourah Cement) will be able to subscribe to a mandatory tender offer by parent…
Egypt’s FRA approves HeidelbergCement, Suez Cement MTOs for subsidiaries
M&A WATCH- HeidelbergCement and Suez Cement’s MTOs for the remaining stakes in their subsidiaries got the regulatory greenlight from the…
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