 |
EFG-Hermes to distribute $121m from Credit Libanais saleEgypt's EFG-Hermes said on Sunday it planned to distribute 1.08 billion Egyptian pounds ($121.62 million) from the sale of a 40-percent stake in Credit Libanais to its shareholders in the form of cash and share buybacks. Egypt More… |
 |
EFG Hermes to sell off stake in Credit LibanaisEgypt's EFG Hermes said on Thursday its board had approved the sale of a 40 per cent stake in Credit Libanais to Arab and Lebanese investors at $33 per share, along with plans to sell its remaining shares by May next year. Acc More… |
 |
EFG-Hermes buys 65pc in Lebanese bankEFG-Hermes said on Tuesday it would buy a 65 per cent stake in privately owned Lebanon's Credit Libanais as the leading Egyptian investment bank sets out to diversify its business. EFG-Hermes agreed to pay $542 million from its own cas More… |
