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Acqusitions

F&B company Agthia to acquire 75% stake in Ismailia Investments (Atyab)

Ismailia Investments owns brands Atyab, Meatland, Shiketita, and Furatt, Ayab saw strong profit margins in 2020 amounting to about 19 percent

First Abu Dhabi bank (FAB) expected to fully absorb Bank Audi by Q2 2021

After receiving the relevant approvals in both Egypt and the UAE, FAB will move forward with rebranding Bank Audi’s local branches

GSK apologizes to ACDIMA and Rameda, plans to go ahead with Hikma due diligence

Within the last week of January and the first week of February, Glaxo Limited Group received three separate letters of interest