EFG Hermes finishes acquiring 76.7% of Tanmeyah

Cairo – Mubasher: EFG Hermes said it finished the acquisition of 76.7% of Tanmeyah Microenterprise Services for EGP 345 million.

EFG Hermes completed all the procedures, as well as secured the approvals of the regulatory bodies, said a bourse filling.

Tanmeyah total value amounts to EGP 450 million.

Mubasher Contribution Time: 03-Mar-2016 14:27 (GMT)