Established in 1996 and listed on EGX in 1998, ANFI provides investment banking services including investment advisory on mergers and acquisitions, initial public offering, and underwriting.
Compass Capital intends to acquire Alexandria National
Updated 6/20/2021 11:28:00 AM
ArabFinance: The Financial Regulatory Authority announced that Compass Capital submitted a Mandatory Tender Offer (MTO) to acquire 100% of Alexandria National for Financial Investment (ANFI), according to a statement filed to the Egyptian Exchange.
Compass Capital offered to buy ANFI's stock at EGP 5.72 per share.
ANFI received two competitive MTOs from Tycoon Holding and Zeta Investments LTD to acquire no more than 90% from ANFI.
The listed company achieved a net profit of EGP 4.56 million in 2020, versus a net loss of EGP 709,656 in 2019.
