IFLR1000

Porto Group demerger from Amer Group

20/10/2015
Public acquisition
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E£ 3.967 billion

$ 280 million

Completed

20/10/2015

Overview:

  • Porto Group Holding split off from the Amer group. 
  • Porto Group Holding is a resort developer which operates 30,000 units at 15 resorts.
  • Amer Group is a real estate company which operates shopping malls, restaurants and hotels, among others. 

Rani Mehta - Journalist 

Jurisdiction:

Egypt

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

Egypt

Industry sectors:

Consumer goods and services
Real estate
Tourism

Firm:
Matouk Bassiouny

Party: Porto Group Holding (Merger party)

Lawyer: Mohamed Abdel Fattah

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