Monthly archives: May, 2012

Planet IB Intends to Submit Offer to Acquire 100% of Regional Investment Bank EFG Hermes Holding

A consortium led by international investment and commercial banking professionals intends to make a tender offer for up to 100% of leading regional investment bank EFG Hermes to enhance shareholder value; prominent Egyptian business leaders and leading Arab investors have made equity commitments to the bid Planet IB Ltd., a firm led by international professionals …