Egypt’s Zulficar & Partners mandated as legal advisor for Banque Misr-CI Capital deal

Zulficar & Partners Law Firm has been mandated as legal advisor in Banque Misr’s potential acquisition of the share capital of CI Capital Holding for Financial Investments, its founding partner Anwar Zeidan said on Monday.

Zeidan did not disclose any further details of the potential transaction, saying his company is currently preparing the required legal papers for the deal.

The Egyptian Financial Regulatory Authority (FRA) announced earlier on Monday that Banque Misr plans to submit an offer to buy the share capital of CI Capital for 4.7 Egyptian pounds ($0.30) per share.

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