Sawiris Backs Planet IB’s Bid For EFG-Hermes
Egyptian billionaire Naguib Sawiris is helping finance a takeover bid for Egypt's biggest investment bank EFG…
Browsing Tag
QInvest
Planet IB: Hermes Must Stop Any Alternative Transactions If Interested
Planet IB, that is seeking control of EFG hermes, the leading investment bank in the arab world, issued a…
EFG-Hermes Meeting Ratifies QInvest Deal, EGP 4/ Share Dividends
EFG-Hermes’ extraordinary shareholder meeting (ESM) has ratified QInvest acquisition deal. As pursuant to the…
QInvest Deal To Come In Effect In September … Entire Stakes Not Sold: Mona Zulficar
Mona Zulficar, EFG Hermes’ Board of Directors Chairperson, told Amwal Al Ghad that after the AGM’s ratification of…
EFG-Hermes Rejects Planet Buyout Offer Amid Shareholders Meeting
EFG-Hermes Holding’ Annual General Meeting (AGM) has ratified the BOD as well as the auditor’s business report…
EGX30 Falls 5.7% In week Amid Controversial Election Results
Egyptian Exchange benchmark EGX 30 index dipped by 5.73 % this week, representing a retreat of 285.3 points, ending…
EFG-Hermes Receives Buyout Offer From Planet Consortium Group
A group of investors is considering a bid to acquire EFG-Hermes Holding (HRHO.CA) in a deal worth $1.2 billion,…
EGX Gains EGP 4.9 Mln On Abbasiya Stable Situation
The Egyptian Exchange - EGX had posted gains of EGP 4.9 billion this week as the capital market reached EGP…
QInvest To Pay EGP 360 Mln For EFG-Hermes Asset Management
Qatar’s QInvest will pay EFG-Hermes Holding (HRHO.CA) EGP 360 million ($60 million) for 60% of its stakes in Asset…
Hermes – QInvest Meeting in Dubai is Ordinary
Sources Close to EFG-Hermes informed Amwal Al Ghad that the company’s board of directors choice of Dubai to hold…
