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Beltone appoints Forvis Mazars to assess Lumen Aegis deal valuation

Updated 6/1/2026 8:37:00 AM
Beltone appoints Forvis Mazars to assess Lumen Aegis deal valuation

Arab Finance: The board members of Beltone Financial Holding appointed Forvis Mazars as an independent financial advisor to conduct a fair value study on its acquisition of Lumen Aegis Enterprises, as per a bourse filing.

In December 2025, the EGX-listed company unveiled plans for the transaction through an agreement with E Point Zero Limited to fully acquire Forvis Mazars at a value of $1 per share.

Beltone recently announced its quarterly financial results, recording consolidated net profits attributable to the parent company amounting to EGP 694.587 million at the end of March 2026.

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