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Logistics (MENA) 
OCI board backs Sawiris’ buyout, Genel-Capricorn in Egypt, and Raya-Ascom on Ostool
Plus: The Badreldin family is taking 100% of Arkan Plaza
Ascom board approves fair value study to buy 90% of Raya’s Ostool
This is Raya’s third attempt to exit the logistics unit after a 2022 agreement with Paradigm Logistics collapsed and a…
Ascom is looking to take over Raya Holding’s 90% stake in Ostool
The potential offer values Ostool’s shares at EGP 8.22 each
ASCOM eyes Raya’s 90% stake in Ostool
Good afternoon, everyone. We’re racing towards the final stretch of the week and into the long weekend. The latest developments…
Raya Holding to up its stake in Ostool to 90%
Raya has signed an agreement to purchase another 28% stake in its subsidiary
More Ukrainian grain is on its way
Other things we’re keeping an eye on this morning: The Holding Company for Food Industries has reportedly acquired a 17%…
Raya finalizes Ostool sale
Raya Holding is close to selling its 62.3% stake in freight subsidiary Ostool to Paradigm Logistics for EGP 266.6 mn,…
FRA pulls the brakes on Egytrans, Paradigm Logistics partnership
EgyTrans is once again happy with an acquisition offer from HA Utilities BV, after a separate, higher bid that had…
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