Tags Result

Beltone Holding acquires SODIC Securitization for EGP 8.58M

Beltone Holding has acquired SODIC Securitization Company in a transaction valued at EGP 8.587 million.

Updated 2/18/2025 10:09:00 AM
CIRA Education to submit MTO for majority stake in Cairo for Educational Services

Cairo for Investment and Real Estate Development (CIRA Education) plans to submit a mandatory tender offer (MTO) to acquire up to 90% of the issued share capital of Cairo for Educational Services.

Updated 2/16/2025 1:35:00 AM
Emirati Nas Investments offers to acquire 90% stake in EGYFERT

UAE-based Nas Investment Holding has submitted a mandatory purchase offer to acquire up to 90% of Samad Misr (EGYFERT).

Updated 1/20/2025 9:51:00 AM
Social Impact Capital acquires 37.5% additional stake in CIRA Education

Social Impact Capital Ltd. (SIC) announces its acquisition of an additional 37.5% stake in Cairo for Investment and Real Estate Development (CIRA Education) through a mandatory takeover offer.

Updated 1/20/2025 8:32:00 AM
Edita enters Iraqi market with $8M acquisition deal of 49% stake in Tuama Jebur Abbas

Edita Food Industries has entered the Iraqi market by acquiring a 49% stake in Baghdad-based snack producer Tuama Jebur Abbas (TJA) through a capital increase worth $8 million.

Updated 1/19/2025 8:31:00 AM
Raseedi acquires Kashat, Pharos Microfinance to offer instant loans to underbanked

Raseedi, a fintech company focused on serving Egypt's underbanked population, has acquired Kashat and its subsidiary Pharos Microfinance in an equity deal.

Updated 1/14/2025 8:42:00 AM
Nas Investment Holding plans to acquire majority stake in EGYFERT

UAE-based Nas Investment Holding intends to submit a mandatory tender offer to acquire an additional 57.5% stake in Samad Misr (EGYFERT).

Updated 1/13/2025 8:40:00 AM
FRA extends deadline for Arla Foods’ Domty purchase offer

The Financial Regulatory Authority (FRA) has approved Denmark-based Arla Foods’ request to extend the deadline for submitting a purchase offer for Domty by 60 working days, starting from January 9th.

Updated 1/13/2025 8:25:00 AM
Mashareq acquires 10.02% equity ownership in Electro Cable Egypt

Mashareq Real Estate Developments acquired a 10.02% stake in Electro Cable Egypt Company’s shares in a transfer of ownership deal

Updated 12/29/2024 11:55:00 AM
CI Capital advises on Raya Holding’s $15M subsidiary stake sale to Africa50

CI Capital has concluded its advisory on Raya Holding’s $15 million stake sale in its subsidiary, Raya Data Centers, to Africa50.

Updated 12/12/2024 8:29:00 AM
Ezdehar Management fully acquires Zahran Market

Ezdehar Management, an Egypt-based private equity firm, has completed the acquisition of Zahran family's remaining 40% stake in Zahran Market.

Updated 11/18/2024 8:08:00 AM
OFH’s board nods to offer for stake in Klivvr

Orascom Financial Holding’s board (OFH) has approved in principle the offer submitted by Klivvr Holding to acquire 59.4 million shares, or 98.99%, in the former’s fintech arm Klivvr.

Updated 11/7/2024 12:37:00 PM
AngloGold to acquire Centamin in November

Centamin Plc and NYSE-listed miner AngloGold Ashanti have approved the terms of a recommended acquisition of Centamin.

Updated 10/30/2024 9:17:00 AM
Raya Holding approves Helios Investment's proposal to acquire 49% of Raya Foods

Raya Holding for Financial Investments (RAYA) has announced its initial approval of Helios Investment Partners' offer to acquire a 49% stake in Raya Foods.

Updated 10/20/2024 12:55:00 PM
Domty grants Arla Foods approval to begin due diligence

The Board of Directors of Arab Food Industries Company (Domty) has decided to allow Arla Foods to commence due diligence

Updated 10/20/2024 1:02:00 AM
ECA nods to AngloGold Ashanti’s offer to acquire Centamin

The Egyptian Competition Authority (ECA) has greenlit NYSE-listed miner AngloGold Ashanti’s $2.5 billion offer to acquire Centamin.

Updated 10/16/2024 8:59:00 AM
Arla Foods makes non-binding offer for Egypt’s Domty

Danish dairy giant Arla Foods, known for its Lurpak butter, has made a non-binding offer to acquire a majority stake in Egypt’s Arab Food Industries Company (Domty).

Updated 10/16/2024 8:38:00 AM
Rameda acquires leading anti-diabetic product

Tenth of Ramadan for Pharmaceuticals Industries and Diagnostic Reagents (Rameda) has completed its largest acquisition to date, securing a top-selling anti-diabetic product used to treat type 2 diabetes.

Updated 9/30/2024 9:40:00 AM
City Lab’s board Oks acquisition of Hassab Labs for EGP 298M

City Lab’s board has approved the acquisition of Hassab Labs for EGP 298 million.

Updated 9/24/2024 3:04:00 AM
Saudi Arabia’s PIF considers stake acquisition in Egypt Gas Co

The Saudi Arabian Public Investment Fund (PIF) is actively exploring the possibility of acquiring a stake in Egypt Gas Co.

Updated 9/23/2024 12:15:00 PM