Mergers & Acquisitions
Trading, Broking & Stock Exchanges
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Cairo-based firm wants to sink teeth in Pakistan’s brokerage industry
One of the largest investment banks operating in the Middle East has shown interest in acquiring a majority stake in Invest and Finance Securities (IFS), a Karachi-based brokerage house. In a securities filing on Friday, Bank Alfalah said its client EFG-Hermes Holding Company (EFG) wants to acquire up to 51%…
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Click here to read the full story: Tribune Pakistan