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SODIC will not revise its MNHD offer upwards without DD
SODIC won’t revise its MNHD offer upwards without DD or more information: Upmarket real estate developer SODIC has said it…
THIS EVENING: SODIC facing a dead end in MNHD acquisition bid? Plus: Chimera closes in on Beltone
Happy hump day, friends. It’s a relatively busy news day here on the home front, with that M&A boomlet we…
MNHD wants SODIC to cough up a lot more
SODIC might have to up its offer 4x if it wants MNHD: Madinet Nasr for Housing and Development’s (MNHD) portfolio…
MNHD wants SODIC to bump up its offer price
MNHD says the price isn’t right on SODIC’s acquisition bid: Madinet Nasr for Housing and Development (MNHD) has rejected a…
THIS EVENING: MNHD says the price isn’t right on SODIC’s acquisition bid + Swvl buys another competitor despite cutbacks. Plus: El Sisi is in Berlin.
Good afternoon, friends. We’re still shaking off the cobwebs from a well-earned long Eid break, but the news waits for…
SODIC makes a play for MNHD
SODIC is bidding to acquire Madinet Nasr Housing and Development (MNHD) as the real estate developer’s new owners look to…
SODIC seals EGP 600 mn financing agreement with Ahli United Bank
SODIC subsidiary to borrow EGP 600 mn from Ahli United Bank: Ahli United Bank has agreed to provide SODIC subsidiary…
SODIC to open new civil registry office + FRA extends working hours
Other things we’re keeping an eye on this morning: SODIC will open a new civil registry office in The Strip…
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