The agreement mandates Societe Generale to serve as financial advisor to the mega-project, which is planned to be the largest petrochemical plant in the country
Latest in Highlight
This compared with SAR 2.11bn in the same period of 2012.
‘Based on difference in buy and sell prices’, not all investors involved in the deal will pay the tax
Qatar National Bank bought each share at EGP 35.65, with the total value of the sale reaching EGP 16.142bn
Employees have expressed disapproval over Qatar National Bank’s acquisition of 100% of NSGB, and are to stage a protest on Monday to denounce the agreement
EFSA has approved QNB’s offer of EGP 38.65 per share for 100% of NSGB’s shares
Qatar National Bank (QNB) Group announced that it is in “definitive agreement” with the French bank Societe Generale concerning the acquisition of its entire stake in National Societe Generale Bank Egypt (NSGB). Societe Generale owns 77.17 per cent of NSGB. QNB Group will launch a mandatory tender offer (MTO) for 100 per cent of the …