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Another dispute with a foreign investor is settled
NCGC will pay EGP 231 mn to settle
IDH reports surge in 1Q2021, drive by covid tests + OIH sells down Beltone stake
The EGX30 fell 1.2% at today’s close on turnover of EGP 1.69 bn (23.1% above the 90-day average). Local investors…
IMEX acquires 94% of Nile Cotton Ginning
IMEX International acquired 93.9% of Nile Cotton Ginning on Thursday for EGP 2.48 bn, buying 49.76 mn shares at EGP…
IMEX acquisition of Nile Cotton on track to wrap up next week?
M&A WATCH- IMEX acquisition of Nile Cotton on track to wrap up next week? An ongoing mandatory tender offer from…
Nile Cotton Ginning board thinks IMEX offer price is low
M&A WATCH- Nile Cotton Ginning board thinks IMEX offer price is low: Nile Cotton Ginning's board of directors believe that…
IMEX to submit offer to acquire 100% of Nile Cotton Ginning
M&A WATCH- IMEX to submit offer to acquire 100% of Nile Cotton Ginning: IMEXInternational has submitted an offer to purchase…
IMEX Int’l plans to acquire over 50% of Egypt’s Nile Cotton Ginning
M&A WATCH- Energy trading company IMEX International is planning to acquire at least 50% of Nile Cotton Ginning, according to…
Nile Cotton Ginning investors looking to purchase 7.06% stake from worker’s union for EGP 183 mn
M&A WATCH- A group of investors in state-owned Nile Cotton Ginning want to buy out the company’s workers’ union, offering…