Last Update 14:17
Friday, 04 December 2020

Egypt's EFG Hermes in merger talks with Qatar firm

Investment banks discuss tie-up of securities brokerage, asset management and investment banking functions

Reuters, Monday 26 Mar 2012
Share/Bookmark
Views: 909
Share/Bookmark
Views: 909

Egyptian investment bank EFG Hermes said on Monday it was in discussions with QInvest for a possible merger.

EFG Hermes and the Qatari Islamic investment bank are in talks for a tie-up of their securities brokerage, asset management and investment banking operations.

EFG Hermes Private Equity is not included in the discussions, according to a statement.

Short link:

 

Latest

© 2010 Ahram Online.