E-finance confirms Tamweely acquisition at up to EGP 4.8 bn

· Egyptian market news

Good afternoon, folks, and happy Thursday — the weekend is hours away.

Elsewhere in today’s issue:

But first, the news…

📍 E-finance will pay as much as EGP 4.8 bn for full ownership of MSME lender Tamweely Financial Services bourse filing (pdf) earlier this week

Transaction mechanics:

Part of that price has to be earned…

Read the full story at Enterprise

Source: Enterprise — read the original story

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