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Completes 76.7% Acquisition of Tanmeyah

3rd Mar 2016 12:48

RNS Number : 9754Q
EFG-Hermes Holdings SAE
03 March 2016
 

 

 

 

 

 

EFG Hermes Completes the Acquisition of 76.7% of Egypt's Leading Microfinance Player "Tanmeyah"

 

 

 

 

 

Cairo, March 3rd, 2016: EFG Hermes announces that the company has completed today the acquisition of 76.7% stake in "Tanmeyah", after receiving regulatory approvals and the fulfilment of conditions precedent, in a deal worth EGP345 million.

 

 

 

 

 

 

 

 

 

 

For further information:

Investor Relations Department

Email: [email protected]

Tel: +20 (0)2 35356710

Fax: +20 (0)2 3535 7017

 

Head of Investor Relations - Hanzada Nessim

Email: [email protected]

Tel: +20 (0)2 35356502

Fax: +20(0)2 3535 7017

 

www.efg-hermes.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
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