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FRA’s Farid highlights how the regulator brought new instruments + depth to the market
Farid spoke at EFG Hermes’ annual conference in London
US-based Sultan Ventures acquires homegrown startup investor Acasia Group
The acquisition creates a new US-MENA bridge
Kellanova to sell its entire stake in Bisco Misr to UAE-based HSA Group
The transaction is set to close by 1Q 2025
AngloGold Ashanti to buy Centamin in USD 2.5 bn transaction in bid to acquire Egypt’s Sukari mine
The transaction is expected to close in 4Q 2024
OCI offloads methanol interests to Methanex for USD 2.05 bn
The transaction will see OCI get a 13% ownership in Methanex to make it the company’s second largest shareholder
State exits microfinance player Tamweely after EGP 2.8 bn buyout by int’l consortium
The acquisition comes just ahead of our fourth IMF loan program review in late September
FRA issues new regulations for delisting + SPACs
Fair value can now decide the price of minority shares for voluntary delisted companies
What’s next for EGX-listed Middle East Glass?
MENA Glass Holding upped its stake in EGX-listed bottle maker Middle East Glass to 93.7% last month
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