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MB Engineering-led consortium acquired 51% in Maven Cables
Maven is now an MB Engineering subsidiary
Palm Hills to snap up Mansour’s 29.6% stake in Taaleem
PHD will buy Mansour’s 216.1 mn shares at EGP 8.65 a share in an EGP 1.9 bn transaction
M&As are up this year despite headwinds and heightened regulatory scrutiny
US M&A activity took a hit, dropping 8% y-o-y to USD 338 bn
Amoun wants a majority stake in EGX-listed Atlas
Amoun is after 65.59% of Atlas for Investment and Food Industries
Palm Hills’ Yasseen Mansour snaps up more of Taaleem + Magrabi and Rivoli Vision to merge
Mansour has bought a additional 10.1% stake in Taaleem in an EGP 773.2 mn transaction
Catalyst Partners Middle East gets FRA greenlight to launch Egypt’s first SPAC
The SPAC will have a month to apply to list on the EGX
Introducing Egypt’s first SPAC
Good afternoon, friends. It’s another calm day for business news in Egypt as we inch closer to the weekend. THE…
City Lab is making a play for five more medical companies
The company will acquire 50% of five medical companies through a mix of capital increases and a direct share purchase
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