Arabian Business : La First Abu Dhabi Bank retire son offre d’achat d’une participation majoritaire dans la plus grande banque d’investissement d’Égypte

EFG Hermes, la plus grande banque d’investissement d’Égypte, a initialement reçu une offre non contraignante de First Abu Dhabi Bank pour une participation de pas moins de 51 % le 9 février.

The UAE’s largest bank, First Abu Dhabi Bank (FAB), has withdrawn its non-binding offer for majority stake in Egypt’s biggest investment bank EFG Hermes Holding.

EFG Hermes, Egypt’s biggest investment bank, initially received a non-binding offer from First Abu Dhabi Bank for a stake of no less than 51 percent.

FAB offered 19 Egyptian pounds ($1.21) per share, marking a premium of about 21 percent to where EFG was trading before 9 February. LINK TO ARTICLE