Search Result
" acquisition"

171 results

Advertising - Sponsored
3/7/2024 2:34:56 PM
Villeroy & Boch has successfully completed its acquisition of all operating companies of the Ideal Standard Group. Ideal Standard will be integrated as a separate part of the Villeroy & Boch Group now that all necessary approvals by antitrust authorities have been received.

Business - Economy
2/11/2024 2:12:28 PM
Egypt's leading real estate developer Talaat Mostafa Group (TMG) has completed the final acquisition contract for a majority equity stake of 51 percent with full management rights in seven state-owned hotels, the TMG said in a disclosure statement to the Egyptian Exchange on Sunday.

Al-Ahram Weekly - Egypt
1/27/2024 2:28:55 PM
How will Telecom Egypt and its subscribers benefit from the acquisition of fifth-generation mobile services.

Business - Economy
1/13/2024 12:56:34 PM
ADQ, an Abu Dhabi-based investment and holding company, and ADNEC Group signed on Friday definitive agreements for the strategic acquisition, through a capital increase, of a 40.5 percent stake in the leading Egyptian real estate developer Talaat Mostafa Group's hotel arm, ICON.

Sports - Egyptian Football
1/12/2024 7:49:58 PM
Egyptian powerhouse Ahly completed the signing of defender Omar Kamal from Modern Future FC on Friday, bolstering their squad with their second acquisition of the January transfer window.

Egypt - Society
1/4/2024 11:25:00 AM
Egypt's House of Representatives approved on Wednesday an amendment to the Desert Land Law, which grants foreigners the right to own lands for investment projects. The amendment grants Arab investors the right to own lands on an equal footing with Egyptians.

Business - Markets & Companies
12/13/2023 2:30:46 PM
UAE-based company B Investments is inching closer to finalizing the acquisition of up to 90 percent of the Sawiris family's Orascom Financial Holding (OFH), which is valued at EGP 4.25 billion ($137.51 million), via share swap, after the conclusion of the fair value (FV) report, according to a bourse filing on Wednesday.

Business - Economy
11/29/2023 2:44:10 PM
The European Bank for Reconstruction and Development (EBRD) is seeking the acquisition of minority stakes in state-owned financial institutions earmarked for privatization in Egypt, Heike Harmgart, head of EBRD's south- and east-Mediterranean operations, said on Tuesday.

Business - Economy
11/21/2023 5:43:40 PM
The Saudi Batterjee Holding Group has unveiled its plans to acquire a pharmaceutical company listed on the Egyptian Exchange (EGX) within the next six months, Mazen Batterjee, Chairman of the group, said on Tuesday.

Business - Markets & Companies
11/16/2023 5:23:21 PM
The Egyptian Exchange (EGX) announced Thursday the acquisition of 30 percent of Egypt’s leading tobacco producer, Eastern Company, by Emirati company Global Holding for EGP 16.4 billion ($530.86 million).

Business - Markets & Companies
10/18/2023 1:23:05 PM
The Egyptian Exchange (EGX) on Wednesday announced the acquisition of 161.4 million shares in leading Egyptian e-payment company Fawry for EGP903.88 million ($29.25 million).

Business - Economy
9/17/2023 4:05:23 PM
Egypt-based Paint and Chemicals Industries (PACHIN) company will voluntarily delist its shares from the Egyptian Exchange after being acquired by the United Arab Emirates, according to a bourse filing on Sunday.

Business - Markets & Companies
8/31/2023 5:35:00 PM
British and Ugandan investors have bought 154.8 million shares of local Egyptian energy company TAQA Arabia, which accounts for 11.45 percent of the company's total shares, for EGP 1.2 billion ($39.22 million), according to an announcement by the Egyptian Exchange on Thursday.

Business - Markets & Companies
8/22/2023 3:13:14 PM
A majority shareholder in Egypt's largest tobacco producer Eastern Company has received offers from foreign investors for the acquisition of up to 30 percent of its stake in the company, according to a bourse statement on Tuesday.

Business - Economy
8/21/2023 6:23:26 PM
The due diligence for the acquisition of the United Bank is scheduled to start by the end of September 2023, according to a statement by the Central Bank of Egypt (CBE) on Monday.

Business - Economy
7/31/2023 3:15:52 PM
Beltone Financial Holding, a large Cairo-listed investment company, has signed a memorandum of understanding to acquire a microfinance company, according to a statement on Monday.

Business - Markets & Companies
7/25/2023 2:30:10 PM
The National Service Projects Organization (NSPO), an army entity, acquired a 20% stake in local energy company TAQA Arabia for EGP 1.63 billion ($52.75 million) Egypt's bourse announced on Tuesday.

Business - Tech
7/19/2023 5:54:37 PM
The deadline for Microsoft's $69 billion acquisition of video game company Activision Blizzard has been extended as the companies seek to close a deal that has been challenged by regulators in the U.S., as well as by U.K.'s Competition and Markets Authority.

Business - Markets & Companies
7/19/2023 1:43:45 PM
Egyptian investment company Beltone's issued and paid-in capital surged by 1,080 percent to EGP 10.9 billion following shareholders' full subscription to the company's new five billion shares.

Business - Markets & Companies
7/18/2023 3:28:36 PM
Egyptian state-owned Sidi Kerir Petrochemicals (Sidpec) said its board of directors had approved the takeover of another state-owned company, Egypt Ethylene and Derivatives Company (Ethydco), according to a stock exchange statement on Monday.

2 3 4 5 6 7 8 9 Next