EFG-Hermes says fair price 30% more than Beltone-New Egypt bid
EFG-Hermes stated on Saturday an independent adviser had set its fair share price at 22.93 Egyptian pounds ($3.21),…
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EFG-Hermes
EGX: Beltone-Sawiris bid for 20% in EFG-Hermes Starts today
Egypt's stock exchange (EGX) announced that the voluntary tender offer by businessmen Naguib Sawiris and Beltone…
Egypt Stocks Lose EGP15.2 billion in Week
In a week which witnessed the formation of Egypt's new government alongside the regulatory approval on…
Egyptian GDRs in London Mostly Flat on Friday
The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange (LSE) closed mostly flat during…
Egypt Stocks End This Week Lower, Lose EGP3.3 billion
Egypt's stocks ended this week lower with losses amounting to 3.3 billion Egyptian pounds as foreign investors…
Beltone offers to be acquired by EFG-Hermes if bid completed successfully
The voluntary tender offered submitted by a consortium of business tycoon Naguib Sawiris and Beltone Financial…
Egypt Stocks Lose EGP4 billion at Midday
Egypt's stocks incurred losses worth 4 billion Egyptian pounds during the midday session on Thursday, driven by…
Billionaire Sawiris Takes Second Shot At Buying EFG-Hermes Stake
Egypt’s markets regulator is giving billionaire Naguib Sawiris a shot at fulfilling a promise to reinvest in his…
Egypt Stocks End 3-Day Losing Streak, Surge on Beltone-Sawiris Deal
Egypt's stocks ended higher on Wednesday with gains totalling 1.8 billion Egyptian pounds powered by the regulatory…
EFG-Hermes hires HC as Independent Financial Adviser to Look at Tender Offer
Egypt's EFG-Hermes announced that it hired HC Securities & Investment as an independent financial adviser (IFA)…
