Investment Banking
Mergers & Acquisitions
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Dubai Group sells stake in Egyptian investment bank EFG-Hermes
The Dubai Group has sold its 11.8 per cent stake in Egyptian investment bank EFG-Hermes to European bank Natixis as part of debt restructuring, the group said. "The sale of our stake in EFG-Hermes is consistent with the business plan for Dubai Group, which was agreed with its lenders as…
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Click here to read the full story: The National