BREAKING: Egypt’s Regulator Oks Sawiris-Beltone 20% Takeover of EFG-Hermes
Egypt's financial regulator has approved a US$257 million joint bid by Beltone and billionaire Naguib Sawiris for a…
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EFG-Hermes
Egypt Regulator Examines Beltone Director’s EFG-Hermes Trades – Sources
Egypt's financial market regulator is examining share trades made by a board member at Beltone Financial two days…
Beltone says will not accept less than 20% of EFG-Hermes in buy offer
Egypt's Beltone Financial said on Wednesday its $257 million offer together with billionaire Naguib Sawiris for a…
MSCI Drops Plans to Exclude Egypt from Emerging Market Index
Morgan Stanley Capital International - MSCI inc., a leading provider of indexes and other investment decision…
Sawiris’s Bid for Stake in EFG-Hermes Signals Revival of Egyptian Economy
The board of EFG Hermes said it was discussing the tender offer by a consortium led by Naguib Sawiris, the Egyptian…
EFG-Hermes to Appoint Independent Financial Adviser to Look at Tender Offer
Egypt's EFG Hermes will call in an independent financial adviser (IFA) to assess the tender offer for up to 20% of…
EFG-Hermes Buyout Bid is Our First Big Investment into Egypt – Sawiris
After presenting a joint offer with Beltone Financial Holding for 20% equity stake in EFG-Hermes, Egyptian…
In Week, Egypt Shares Gain EGP10.3 billion as Sisi Becomes New President
In a week which witnessed announcing ex-army chief's official as Egypt's new president, the stocks gain 10.3…
Egypt Shares End Week with EGP16 billion Gains over Takeover Plans
Egypt's shares ended this week remarkably higher registering gains totalling 16 billion Egyptian pounds backed by…
EFSA Says Received Bid from Beltone, Others for 20% in EFG-Hermes
Egypt's market regulator chief announced Thursday receiving a received a voluntary tender offer to buy 20%…
