Beltone Financial is advising on two acquisitions worth a total of EGP 1.5 bn and expects to execute them in 3Q2016, according to Al Borsa. One is an EGP 500 mn acquisition by a foreign und of a non-controlling interest in an Egyptian manufacturer, said Mohamed Al Akhdar, head of investment banking at Beltone. The second mandate is for advisory on an EGP 1 bn acquisition of a majority interest in a consumer goods manufacturing company. On the IPO front, company is currently restructuring a construction company ahead of a possible offering in 2H2016. Beltone could take an electric appliances company public in the same period, Al Akhdar tells Al Borsa.