EFG-Hermes says run 13 M&A deals worth $1.5 bln in H1

By Yomna Yasser On Jul 12, 2016

Egypt’s biggest investment bank, EFG-Hermes has managed mergers and acquisitions, reaching 13 transactions at value of $1.5 billion by the end of the first half of 2016, said investment banking director Mostafa Gad on Tuesday.

EFG has so far run two IPOs totalling $167.54 million for dairy maker Domty and healthcare firm Cleopatra Hospital Company, Gad added.