Egyptian billionaire Naguib Sawiris is helping finance a takeover bid for Egypt’s biggest investment bank EFG Hermes …
Tag:
QInvest
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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
EFG-Hermes Meeting Ratifies QInvest Deal, EGP 4/ Share Dividends
by Yomna Yasserby Yomna YasserEFG-Hermes’ extraordinary shareholder meeting (ESM) has ratified QInvest acquisition deal. As pursuant to the agreement, QInvest shall seize …
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Indices news
QInvest Deal To Come In Effect In September … Entire Stakes Not Sold: Mona Zulficar
by Yomna Yasserby Yomna YasserMona Zulficar, EFG Hermes’ Board of Directors Chairperson, told Amwal Al Ghad that after the AGM’s ratification …
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Indices news
EFG-Hermes Rejects Planet Buyout Offer Amid Shareholders Meeting
by Yomna Yasserby Yomna YasserEFG-Hermes Holding’ Annual General Meeting (AGM) has ratified the BOD as well as the auditor’s business report …
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Egyptian Exchange benchmark EGX 30 index dipped by 5.73 % this week, representing a retreat of 285.3 …
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Indices news
EFG-Hermes Receives Buyout Offer From Planet Consortium Group
by Yomna Yasserby Yomna YasserA group of investors is considering a bid to acquire EFG-Hermes Holding (HRHO.CA) in a deal worth …
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The Egyptian Exchange – EGX had posted gains of EGP 4.9 billion this week as the capital …
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Indices news
QInvest To Pay EGP 360 Mln For EFG-Hermes Asset Management
by Yomna Yasserby Yomna YasserQatar’s QInvest will pay EFG-Hermes Holding (HRHO.CA) EGP 360 million ($60 million) for 60% of its stakes …
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Sources Close to EFG-Hermes informed Amwal Al Ghad that the company’s board of directors choice of Dubai …