Back to the complete issue
Tuesday, 14 November 2017

Cook’s shareholder appoint Arqaam to advise on sale

M&A WATCH- The main shareholders in food products producer Cook’s Industries have appointed Arqaam Capital to advise on the sale of their stake in the company, sources told Al Mal. Cook’s, founded in Cairo in 1954, is owned by the heirs of founder Agamemnon Paraskevas. Al Mal says Arqaam is shopping Cook’s to GCC investors, with current shareholders looking to cash in on increased interest in the sector and export potential following the EGP devaluation.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2018 Enterprise Ventures LLC.