Monthly archives: June, 2012

Planet IB Will Match Guarantees and Legal Obligations Provided by Competitor Ahead of Its Due Diligence Process

Planet IB stands ready to immediately begin due diligence in advance of an intended tender offer for 100% of EFG Hermes Holding. Planet IB has disclosed having in place debt and holding equity commitments from leading Egyptian and regional investors whose long-standing commitment to investing in Egypt is proven. Planet IB informed the Chairperson of …