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Thursday, 21 December 2017

EFG Hermes advised Eagle on Egyptian Media Group acquisition

We got in touch with our friends at EFG Hermes yesterday who confirmed to us that EFG Hermes Investment Banking acted as the sole buy-side advisor to Eagle Capital in their acquisition of Egyptian Media Group. Maged El Ayouti, Deputy Head of Investment Banking at EFG Hermes, commented saying “the acquisition of Egyptian Media Group by Eagle Capital is a milestone transaction in the regional media sector. EFG is delighted to support Eagle Capital as the exclusive financial advisor on its first acquisition which we believe will help unlock the untapped growth potential in the Egyptian market.” Zulficar & Partners were the legal advisors on the transaction, and Deloitte were advising on the transaction.

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