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EFG-Hermes to Hire Adviser to Evaluate Sawiris’s Stake Offer
EFG-Hermes Holding SAE will hire a financial adviser to evaluate an offer from billionaire Naguib Sawiris and Beltone Financial for 20 percent of the biggest publicly traded Arab investment bank. The adviser will give an opinion on the value of Beltone and Sawiris’s bid of 16 Egyptian pounds a share,…
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Click here to read the full story: Bloomberg