Raya Holding signs agreement to acquire 27.69% stake in Ostool

Thu, 14 Dec 2023 - 11:09 GMT

Upon the successful closure of this acquisition, Raya Holding's ownership in Ostool will increase to 90 percent, as disclosed by the company on the Egyptian Exchange (EGX)

Beltone submits agreement to acquire 100% of Cash

Tue, 05 Sep 2023 - 09:20 GMT

The acquisition of Cash will be executed through the company and a number of its subsidiaries.

Midea Group considers the acquisition of Electrolux Group’s Zanussi

Mon, 07 Aug 2023 - 12:45 GMT

If confirmed, the acquisition deal is expected to be finalized by the fourth quarter of 2023, according to the source, who further added that Zanussi’s sales, maintenance, and technical support operations in Egypt would not be affected.

Egytrans to acquire 99.9% of NOSCO through share swap

Wed, 19 Apr 2023 - 11:48 GMT

The acquisition is now conditional on the approval of the shareholders at a general assembly meeting that will take place on 14 May, Mohamed Gamal Moharam, Chairman of Egytrans, said

India's Infosys taps Capgemini executive Parekh as CEO

Sat, 02 Dec 2017 - 04:23 GMT

Infosys, India’s No.2 IT services company, named Salil S Parekh as chief executive on Saturday.

Henkel may make U.S. acquisitions: CEO in newspaper

Sun, 22 Oct 2017 - 11:27 GMT

German consumer goods group Henkel may further expand its business in the United States via acquisitions, Chief Executive Hans van Bylen said.

Omran showcases EGX achievements during his 4-year tenure

Sun, 30 Jul 2017 - 05:48 GMT

EGX Chairman reviewed the achievements of the stock exchange during his four-year tenure in a farewell speech.

EGX market capital surges 114% to exceed LE 366B in 4 yrs

Sun, 30 Jul 2017 - 04:19 GMT

EGX market capital jumped 114 percent to more than LE 366 billion, while acquisitions and mergers surged to LE 45 billion from 3013 to 2017.