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Thndr Claps » EGY Claps » Mergers & Acquisitions 🤝 » Madinet Nasr announces acquisitions🚨

Madinet Nasr announces acquisitions🚨

by Omar El Shorafa
July 3, 2022

The Clap
Madinet Nasr Housing and Development (MNHD) is set to acquire EGYCAN for development as well as Mink Real Estate.

The Deets
Both companies are set to be acquired by Madinet Nasr H&D, although the fee has not yet been agreed. 

MNHD are currently awaiting a valuation for both companies, as they expect to be able to acquire both for around EGP 200 million.

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