Investment Banking
Uncategorized
Wealth and Asset Management
EFG-Hermes sells 19% Damas stake for $150 million
The private equity arm of Egyptian investment bank EFG-Hermes has sold its 19 per cent stake in jeweller Damas International to Qatar’s Mannai Corp for US$150 million, the company said yesterday. The deal, one of the few exits concluded in the Middle East in recent months, signalled a possible revival…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: The National