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Earnings watch: El Nasr Civil Works, Oriental Weavers, EIPICO
EARNINGS WATCH- El Nasr Civil Works reported a net income of EGP 958k in 2021, reversing from net losses of…
Fawry shareholders green-light plans to buy back stakes held by CIB, Banque Misr
Fawry’s shareholders greenlit the acquisition of CIB and Banque Misr’s stakes in subsidiary Fawry Plus, the e-payments giant announced in…
Earnings: state-owned El Nasr Civil Works, Egyptalum remain in the red
EARNINGS WATCH- State-owned Egyptian Aluminium Company (Egyptalum) saw its net losses narrow to EGP 348 mn in 9M2020-2021, compared to…
A smattering of M&A news to keep things interesting
Nutrien has agreed to drop its arbitration claims against a subsidiary of Misr Fertilizers Production Company (Mopco) as part of…
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…
Egypt’s MNHD accepts EGP 30 mn offer for its 98.4% stake in Nasr Utilities and Installations
M&A WATCH- MNHD accepts EGP 30 mn offer for its 98.4% stake in Nasr Utilities and Installations: Madinet Nasr for…
El Nasr gives Odin Investments green light to start due diligence
M&A WATCH- El Nasr gives Odin Investments green light to start due diligence: El Nasr Civil Works’ board of directors…
MNHD green-lights Odin due diligence on El Nasr Civil Works
M&A WATCH- MNHD gives Odin Investments green light to start due diligence on El Nasr Civil Works: Madinet Nasr Housing…
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