Thndr Claps » EGY Claps » Financial Services 💸 » EFG Hermes Acquisition Takes Shape🤏
EFG Hermes (HRHO) appointed “Goldman Sachs” as the financial advisor & “White & Case” as the legal counsel for First Abu Dhabi (FAB) acquisition offer.
More Details🧐 The appointment comes in light of the potential acquisition of no less than 51% of the Hermes shares.
EFG’s board also decided to appoint an independent financial advisor to determine the fair value of the share, in the case FAB proceeds with a mandatory tender offer (MTO).
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