EFG Hermes advises eFinance on proposed acquisition of Tamweely
· Egyptian market news · ARAB
The Investment Banking division of EFG Hermes, an EFG Holding company, acted as sole financial adviser to eFinance for Digital and Financial Investments on its proposed full acquisition of Tamweely Financial Services, as per an emailed press release.
The transaction would expand eFinance’s operations beyond digital financial infrastructure into regulated financial services, combining Tamweely’s micro…
Source: Arab Finance — read the original story