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Olympic sees Electrolux deal 'in a few weeks'Olympic Group's parent company Paradise Capital expects to seal a takeover of the Egyptian appliance maker by Electrolux "within a few weeks", Paradise's chairman said on Wednesday. Saad El-Din Abdullah Sallam said he expected the final de More… |
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Electrolux to buy Egyptian appliance makerSweden's Electrolux said on Monday it has agreed to buy Egypt's Olympic Group, the biggest appliance maker in the Middle East and North Africa, cementing their long-standing partnership. Electrolux, the world's second-biggest m More… |
