EXCLUSIVE: Ashry Steel wants to finalise acquisition of ARCOSTEEL early 2022 –…
Ashry Steel Group, one of the largest steel manufacturers in Egypt, looks to finalise its acquisition of the Arab…
Browsing Tag
mergers and acquisitions
Egypt’s EFG Hermes becomes universal bank after aiBANK acquisition completion
Egypt’s EFG Hermes has officially become a universal bank after finalising its acquisition of a 51 percent stake in…
Baker McKenzie: Egypt M&A deal values quadruple 394% in H1
Merger and acquisition (M&A) transactions in Egypt has almost quadrupled during the first half of 2021 with 111…
Egypt’s Swvl seen tapping on Europe after Shotl acquisition
Transport start-up Swvl, based in Dubai and Cairo, agreed to buy Barcelona-based Shotl, an Uber-like service for…
HC Securities named co-financial advisor for Coca-Cola HBC-Egypt deal
HC Securities & Investments has co-advised MAC Beverages Ltd on the sale of its 52.7 percent stake in Coca Cola…
U.S. events platform Bevy acquires Egyptian startup Eventtus
U.S.-based enterprise event platform for virtual conferences and community events, Bevy announced on Wednesday that…
Egypt’s Elsewedy Electric acquires 99.25% stake of International Cables Company
Egyptian cable maker Elsewedy Electric said on Sunday it had signed an agreement to acquire 99.25 percent share of…
Compass Capital wants to raise bid for Alexandria National Company
Compass Capital is requesting to raise its all-shares offer for Alexandria National Company for Financial…
Gulf-based firm accepts takeover offer from Egypt’s Raya Contact Center
A Gulf-based firm operating in the business process outsourcing sector has accepted a binding takeover offer from…
UAE’s Agthia board approves 75% acquisition of Egypt’s Atyab
Abu Dhabi-based food and beverage company Agthia Group announced on Wednesday that its board has approved an…