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Acqusitions

B Investments offers to purchase up to 90% of Orascom Financial Holding

According to the filling, the offer stands at a share swap ratio of a single B Investments share for 56.76 shares of OFH

Edita Food Industries acquires 100% of Fancy Foods

Through this deal, Edita will expand its offering to fresh and ready-to-bake pastry products.

Egytrans to acquire 99.9% of NOSCO through share swap

The Board of Directors of Egytrans approved the acquisition deal and the deal is now conditional on the approval of the shareholders at a general assembly meeting

Giza Systems preparing for potential acquisitions worth up to $40M

After being acquired by KSA’s Solutions by STC, Giza Systems is looking to target companies that have a significant presence in the Saudi market as well as an Egypt-based workforce, according to Sorour

ADNOC closes 50% stake acquisition of TotalEnergies Marketing Egypt

Announced in July 2022, the acquisition marks the UAE company’s entry into the Egyptian market