Egyptian Exchange benchmark EGX 30 index dipped by 4.2 % this week, representing a retreat of 196.87 …
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Planet IB
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Egyptian billionaire Naguib Sawiris is still backing an attempted buy-out of investment bank EFG Hermes (HRHO.CA), the …
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Indices news
Mona Zulficar: Planet Deal Is Not Serious … EFG-Hermes CEOs Are Innocent
by Yomna Yasserby Yomna YasserMona Zulficar, EFG-Hermes’ Board of Directors Chairperson, has asserted that Planet IB’s announcement of a buyout deal …
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Indices news
Sawiris To Drop Support For Planet Buyout: EFG-Hermes Source
by Yomna Yasserby Yomna YasserEgyptian billionaire Naguib Sawiris will drop out of a buy-out consortium targeting investment bank EFG Hermes (HRHO.CA) …
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Indices news
Planet IB To Match Guarantees Ahead of Its Due Diligence Process
by Yomna Yasserby Yomna YasserPlanet IB is preparing to immediately begin due diligence on an offer to acquire 100% of EFG …
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Egypt’s EFG Hermes (HRHO.CA) said on Monday it was taking “legal measures” to protect shareholders after a …
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A number of EFG-Hermes Group (HRHO.CA) shareholders is considering to collect the lawful percentage of 5% which …
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Egyptian billionaire Naguib Sawiris is helping finance a takeover bid for Egypt’s biggest investment bank EFG Hermes …
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Planet IB, that is seeking control of EFG hermes, the leading investment bank in the arab world, …
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Indices news
El Mallawany: Planet Offer Not Rejected, But Must Get EFSA Approval If Serious
by Yomna Yasserby Yomna YasserYasser El Mallawany, CEO of EFG-Hermes Holding, has denied selling all his investments in the Egyptian market. …
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