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Intesa Sanpaolo lowers its 2023 growth forecast for Egypt
The Italian bank is the latest to lower expectations for the country’s growth growth due to the ongoing economic crisis
FinMin wants advisors for Alexbank stake sale -report
FinMin invited local and int’l banks to pitch for the advisory role, Reuters reports
Italy’s Intesa Sanpaolo in talks with Egyptian gov’t to acquire the rest of Alexbank
The Italian lender has been the majority shareholder of Alexbank since 2006
THIS EVENING: Italy’s Intesa Sanpaolo wants to become the sole owner of Alexbank + Biden makes surprise visit to Ukraine
Happy Monday, wonderful people. It’s relatively calm on the news front here at home so far, but we have a…
Intesa Sanpaolo buys back IFC’s stake in Alexbank
M&A WATCH- IFC offloads 9.75% stake in Alexbank: The International Finance Corporation has sold its 9.75% stake in Bank of…