Egypt’s financial regulator has approved a US$257 million joint bid by Beltone and billionaire Naguib Sawiris for …
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Naguib Sawiris
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EGX
Egypt Regulator Examines Beltone Director’s EFG-Hermes Trades – Sources
by Yomna Yasserby Yomna YasserEgypt’s financial market regulator is examining share trades made by a board member at Beltone Financial two …
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Industry & Trade
Beltone says will not accept less than 20% of EFG-Hermes in buy offer
by Yomna Yasserby Yomna YasserEgypt’s Beltone Financial said on Wednesday its $257 million offer together with billionaire Naguib Sawiris for a …
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Industry & Trade
Sawiris’s Bid for Stake in EFG-Hermes Signals Revival of Egyptian Economy
by Yomna Yasserby Yomna YasserThe board of EFG Hermes said it was discussing the tender offer by a consortium led by …
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Industry & Trade
EFG-Hermes to Appoint Independent Financial Adviser to Look at Tender Offer
by Yomna Yasserby Yomna YasserEgypt’s EFG Hermes will call in an independent financial adviser (IFA) to assess the tender offer for …
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Industry & Trade
EFG-Hermes Buyout Bid is Our First Big Investment into Egypt – Sawiris
by Yomna Yasserby Yomna YasserAfter presenting a joint offer with Beltone Financial Holding for 20% equity stake in EFG-Hermes, Egyptian Billionaire …
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EGX
In Week, Egypt Shares Gain EGP10.3 billion as Sisi Becomes New President
by Yomna Yasserby Yomna YasserIn a week which witnessed announcing ex-army chief’s official as Egypt’s new president, the stocks gain 10.3 …
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EGX
EFSA Says Received Bid from Beltone, Others for 20% in EFG-Hermes
by Yomna Yasserby Yomna YasserEgypt’s market regulator chief announced Thursday receiving a received a voluntary tender offer to buy 20% stake …
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Egypt’s Beltone Financial’s board approved on Thursday cooperating with a group of investors in submitting a voluntary …
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Beltone Financial and a group of investors including Egyptian billionaire Naguib Sawiris are seeking to acquire a …