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Wednesday, 18 May 2016

Pharos Holding awarded Merger Market’s Middle East Consumer M&A Financial Adviser of the year award

Pharos Holding has been named the 2016 Mergermarket Middle East Consumer M&A Financial Adviser of the year. Pharos won the award for its role as the exclusive sell-side advisor for the following transactions: Mass Food Group’s acquisition by Kellogg Company, Halayeb’s acquisition by Danone, Misr Glass Manufacturing’s acquisition by Middle East Glass, Misryeen Cheese’s acquisition by Kamal Hagag Group, and the acquisition of 58% of the shares of Arab Dairy Products by Pioneers and 51% of the shares of Meivo International by Spimaco. Pharos edged out other short-listed finalists including Bank of America Merrill Lynch, Ernst & Young and Deloitte to win the inaugural awards. In addition to Pharos, winning financial advisors included “Barclays for advising on transactions in both the Energy and Industrials sectors, Perella Weinberg Partners for advising on Financial Services deals, Rothschild in the Pharma sector and Deutsche Bank for Real Estate.” Clifford Chance was named best legal advisor in financial services and pharma, Herbert Smith Freehills or industrials and White & Case got the nod for real estate.

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