Back to the complete issue
Thursday, 28 November 2019

FinCorp appoints financial advisor for Kaha, Edfina merger

The Supply Ministry has appointed FinCorp Financial Advisory to act as the financial advisor to Kaha Preserved Foods and Edfina Preserved Foods merger, which comes as part of the government’s plans to restructure state-owned enterprises, according to Al Mal. A valuation of the two companies is underway and is expected to be completed in five months.

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. © 2020 Enterprise Ventures LLC.