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Article: rasmala investments holdings acquires 51% of a leading investment bank in egypt
- Article from:
- Al Bawaba
- Article date:
- October 30, 2007
CopyrightCopyright 2007 Al Bawaba. Provided by ProQuest LLC. (Hide copyright information)
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rasmala investments holdings acquires 51% of a leading investment
bank in egypt
Rasmala Investments Holdings today announced that it has acquired
51 % of the Delta Financial Group in Egypt.
This group includes:
Delta Securities Egypt, one of the five largest brokerage
companies in Egypt;
Delta Asset Management, an established asset management firm
recently acquired by Delta from ABN Amro Bank with assets under
management of EGP 1.5 billion; and
Delta Capital Investments, a corporate finance firm with a strong
and established track record in sourcing and executing investment
banking transactions in the Egyptian market.
The remaining 49% share holdings in the Delta Financial Group
will be ...