Andersen Egypt advising on $1.2 billion acquisitions

Law firm Andersen Egypt, member of Andersen Global, is advising on four acquisitions through 2022, Mohamed Adel Abdelhaleem, Senior Partner and Transaction Advisory Services Leader at Andersen, told Amwal Al Ghad on Sunday.

The acquisitions are valued at $900 million – $1.2 billion and are in the education, technology, and healthcare sectors in addition to the Egyptian ferroalloys companies, he added.

“We expect the financial closure for these transactions to take place before the end of the current year,” Abdelhaleem further said.

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