null
18 JUNE 2014
EFG Hermes Appoints an Independent Financial Advisor to opine on the fair value of the stock and the fairness of the offer
EFG Hermes Appoints an Independent Financial Advisor to opine on the fair value of the stock and the fairness of the offer 18 June 2014   (Cairo, Egypt) — EFG Hermes, the leading investment bank in the Arab world announced today in light of the resolutions reached by the Board of Directors on 9 June 2014 concerning the voluntary tender offer that has been submitted to EFSA to buy up to 20% of the shares of the Company to accordingly appoint HC Securities & Investment as the Independent Financial Advisor (“IFA”). The IFA is requested to opine on the fair value of the stock and the fairness of the offer, in order to help shareholders evaluate its attractiveness. Accordingly, the Board of Directors commissioned HC Securities & Investments to produce those reports and will announce the results together with its opinion thereon.  

We use cookies to collect information about how you use our website. And we use the information derived from such cookies to ensure the functionality of our website and to enhance our services.

close