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The Great Lebanese Bank Sell Off, Act I
The Great Lebanese Bank Sell Off is gaining steam: Gulf banks First Abu Dhabi Bank and Bank ABC are both…
Emirates NBD denies reports it has exited the race to buy Blom’s Egypt arm
M&A WATCH- Emirates NBD denies reports it has exited the race to buy Blom’s Egypt arm: Sources at Emirates NBD…
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…
Emirates NBD wraps up Blom Egypt due diligence, ABC to follow next week
M&A WATCH- The race to acquire Blom Bank Egypt could be nearing its final stages: Two of the banks interested…
Who’s in the market for debt: Faragalla Group, BPI
Faragalla Group is reportedly in the market for an EGP 2.05 bn syndicated facility being led by the National Bank…
Bank ABC begins due diligence on Blom Bank Egypt
M&A WATCH- Bank ABC starts due diligence on Blom Bank Egypt: The Arab Banking Corporation (ABC) has begun due diligence…
FAB restarts talks to acquire Bank Audi Egypt -sources
M&A WATCH- FAB revives talks to acquire Bank Audi Egypt: First Abu Dhabi Bank (FAB) is reportedly planning to re-enter…
Unnamed NBFS firm enters race for Blom Bank Egypt
M&A WATCH- Competition for Blom Bank acquisition could heat up as third potential suitor enters the race: Another foreign financial…
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