IFLR1000

DPI $45 million acquisition of Mashroey and Tasaheel

14/8/2018
Private acquisition
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$ 45 million

Completed

14/8/2018

Overview:

  • Development Partners International (DPI), a African focused private equity firm, has acquired a 33% stake in MTN Investment BV, a subsidiary of GB Capital and parent company of Mashroey and Tasaheel for $45 million.

Laura Mendes - Researcher

Jurisdiction:

Egypt

Deal type:

Private acquisition

Practice area:

M&A

Governing laws:

England and Wales
Egypt

Industry sector:

Financial services

Firm:
Zulficar & Partners

Party: GB Auto (Seller)

Party: GB Capital (Seller)

Party: Mashroey (Seller)

Party: Tasaheel (Seller)

Lawyers: Anwar Zeidan, Ingy Badawy

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