The board of Rekaz Financial Holding approved the acquisition of 95.5% of the shares of Luxor Securities Brokerage Co.

The Financial Regulatory Authority (FRA) approved a mandatory tender offer (MTO)issued by Raya Holding for Financial Investments to acquire 90% of Raya Customer Experience’s share capital

Moody’s Corporation intends to acquire a majority equity stake in Middle East Rating & Investors Service (MERIS), its Egypt-based affiliate credit rating agency.

Beltone Holding signed a share purchase agreement, on February 10th, to acquire a majority stake in the Baobab Group

The Financial Regulatory Authority (FRA) has received a mandatory tender offer (MTO) from Amoun Real Estate Investment Company to acquire 65.59%, equivalent to 427.207 million shares, of Atlas for Investment and Food Industries at a price of EGP 0.78 per share.

The Saudi-Egyptian Industrial Investment (SEII) is considering renewing its offer to acquire a majority stake in El Nasr Glass and Crystal Company (NGC).