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EBRD and investment firms take majority stake in Egypt's GlobalCorp - Vimarsana News

EBRD and investment firms take majority stake in Egypt's GlobalCorp

RIYADH: A consortium of investors comprising Paris-based investment firm Amethis, the European Bank for Reconstruction and Development and private equity firm SPE Capital has acquired a majority stake in Egypt’s financial services provider GlobalCorp to propel its growth plan, local media Daily News Egypt reported. “We have ambitious plans for the company and look forward to

Egypt: Amethis, SPE Capital, and EBRD take a majority stake in GlobalCorp - Vimarsana News

Egypt: Amethis, SPE Capital, and EBRD take a majority stake in GlobalCorp

The acquisition is the first investment made by Amethis and the EBRD in Egypt’s non-banking financial sector. As for SPE Capital, it is its second