The all-share merger between state-owned Egyptian Ethylene and Derivatives Company (Ethydco) and Sidi Kerir Petrochemicals (Sidpec) is set to be completed next month, Al Borsa News reported citing unnamed sources familiar with the matter.
Updated 9/24/2024 11:11:00 AM
The all-share merger between state-owned Egyptian Ethylene and Derivatives Company (Ethydco) and Sidi Kerir Petrochemicals (Sidpec) has returned to the financial evaluation stage.
Updated 8/7/2024 7:51:00 AM
The Egyptian Ethylene and Derivatives Company (ETHYDCO) has registered a 34% year-on-year (YoY) climb in its revenues in 2023, CEO Hesham Riyad announced.
Updated 3/26/2024 10:03:00 AM
The postponement will be until finalizing procedures for a strategic investor studying the acquisition of stake in ETHYDCO through the partial exit of some of the company’s shareholders.
Updated 9/21/2023 10:50:00 AM
Egyptian Ethylene and Derivatives Company (ETHYDCO) is seeking to get a $250 million loan from UAE’s Mashreq Bank to settle USD-debt to local banks.
Updated 8/9/2023 12:08:00 PM
Sidi Kerir Petrochemicals Company’s (Sidpec) board has approved the financial evaluation study conducted on a proposal for the acquisition of the Egyptian Ethylene and Derivatives Company (ETHYDCO) via share swap.
Updated 7/17/2023 10:47:00 AM