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Bidding war for Alex Medical heats up...
Speed Medical could partner with Tawasol for Alex Medical acquisition bid: Tawasol Holdings appears to be exploring teaming up with…
Medical diagnostics in the spotlight
The EGX30 rose 0.4% at today’s close on turnover of EGP 1.25 bn (13.5% below the 90-day average). Foreign investors…
Strong with the force, healthcare M&As are
The latest M&A activity in the red-hot healthcare sector appears to be a bidding war brewing for Alexandria Medical Services.…
Earnings watch: Sarwa Capital, Speed Medical, Kima announce 2020 results
Sarwa Capital’s net profit eased 9% to EGP 353 mn in 2020, from EGP 389 mn the year before, the…
Speed Medical buying out partners in Prime Speed?
Diagnostics and healthcare firm Speed Medical (SPMD) wants to take 100% ownership of Prime Speed Healthcare, according to a report…
M&A and an IPO in the works for Speed + Savola looking at an Egypt acquisition
Speed Medical closing in on Al Safwa Hospital acquisition, says it will spin-off hospitals arm ahead of IPO: A consortium…
An acquisition here, a stake sale there …
Suez Cement has sold its 51% stake in Kuwait’s Hilal Cement for EGP 155.8 mn, the company said in a…
Hazem El Far appointed Speed Medical MD
Speed Medical (SPMD) has appointed Vice Chairman Hazem El Far (LinkedIn) as managing director, following the resignation of Tariq El…
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