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e-Finance could acquire two digital payments firms + Savola’s Panda bids for Alfa stores
Two M&A stories have our attention this morning: The first ise-Finance’s bid to acquire two digital payments firms as it…
EBRD greenlights USD 20 mn for edible oil firm Afia
The loan will fund raw material imports amid an FX crunch at home and global food insecurity
Savola closes Ole bakery acquisition
The Egyptian Belgian Company has new Saudi owners: Saudi food conglomerate Savola has signed an agreement to acquire 100% of…
THIS EVENING: CIRA confirms its future flow securitization plans + Savola closes Ole Bankery acquisition. Plus: Inflation accelerated again in May
Good afternoon, wonderful people. Pat yourselves on the back for making it through this week, which is going out with…
Saudi food group eyes Ole bakery + Ibnsina breaks into hospitals with El Shorouk acquisition
Saudi food conglomerate Savola Group is close to acquiring the Egyptian Belgian Company — best known for its Ole-branded baked…
THIS EVENING: Fawry delays US listing indefinitely + Saudi’s Savola Group nears Egyptian Belgian Company acquisition + Ibnsina Pharma acquires El Shorouk Hospital
Good afternoon, ladies and gentlemen, and welcome to an already-busy start to the workweek. The news cycle is hitting the…