EGX Egyptian Exchange Main Index 4.2% Down Amid Controversial Verdict Yomna Yasser Jun 7, 2012 0 Egyptian Exchange benchmark EGX 30 index dipped by 4.2 % this week, representing a retreat of 196.87 points, ending…
Indices news Planet Says Sawiris Still Backs EFG-Hermes Buyout Deal Yomna Yasser Jun 5, 2012 0 Egyptian billionaire Naguib Sawiris is still backing an attempted buy-out of investment bank EFG Hermes (HRHO.CA),…
Indices news Mona Zulficar: Planet Deal Is Not Serious … EFG-Hermes CEOs Are Innocent Yomna Yasser Jun 5, 2012 0 Mona Zulficar, EFG-Hermes’ Board of Directors Chairperson, has asserted that Planet IB’s announcement of a buyout…
Indices news Sawiris To Drop Support For Planet Buyout: EFG-Hermes Source Yomna Yasser Jun 5, 2012 0 Egyptian billionaire Naguib Sawiris will drop out of a buy-out consortium targeting investment bank EFG Hermes…
Indices news Planet IB To Match Guarantees Ahead of Its Due Diligence Process Yomna Yasser Jun 4, 2012 0 Planet IB is preparing to immediately begin due diligence on an offer to acquire 100% of EFG Hermes Holding SAE…
Indices news EFG-Hermes Says To Take Legal Steps Against Planet IB Yomna Yasser Jun 4, 2012 0 Egypt's EFG Hermes (HRHO.CA) said on Monday it was taking "legal measures" to protect shareholders after a group of…
Indices news EFG-Hermes Shareholders Against QInvest Buyout Deal Yomna Yasser Jun 3, 2012 0 A number of EFG-Hermes Group (HRHO.CA) shareholders is considering to collect the lawful percentage of 5% which are…
Indices news Sawiris Backs Planet IB’s Bid For EFG-Hermes Yomna Yasser Jun 3, 2012 0 Egyptian billionaire Naguib Sawiris is helping finance a takeover bid for Egypt's biggest investment bank EFG…
Indices news Planet IB: Hermes Must Stop Any Alternative Transactions If Interested Amwal Al Ghad English Jun 2, 2012 0 Planet IB, that is seeking control of EFG hermes, the leading investment bank in the arab world, issued a…
Indices news El Mallawany: Planet Offer Not Rejected, But Must Get EFSA Approval If Serious Yomna Yasser Jun 2, 2012 0 Yasser El Mallawany, CEO of EFG-Hermes Holding, has denied selling all his investments in the Egyptian market.…