M&A Deal Summary

Bank Audi S.A.L. Acquires Arabeya Online Brokerage

On September 1, 2010, Bank Audi S.A.L. acquired financial services company Arabeya Online Brokerage

Acquisition Highlights
  • This is Bank Audi S.A.L.’s 1st transaction in the Financial Services sector.
  • This is Bank Audi S.A.L.’s 1st transaction in Egypt.

M&A Deal Summary

Date 2010-09-01
Target Arabeya Online Brokerage
Sector Financial Services
Buyer(s) Bank Audi S.A.L.
Deal Type Add-on Acquisition
Advisor(s) EFG Hermes Holding SAE (Financial)

Target

Arabeya Online Brokerage

Egypt
Arab Online" Brokerage Company was founded in securities Egyptian joint stock company in 2005.

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Buyer(S) 1

Buyer

Bank Audi S.A.L.

Beirut, Lebanon

Category Company
Founded 1830
Sector Financial Services
Employees5,070
DESCRIPTION

The Bank is a full fledged regional bank with a presence in 12 countries. Based on a diversified universal model, it operates principally in Lebanon and the Middle East North Africa ("MENA") region and Turkey offering a full range of products and services that cover principally commercial and corporate banking, retail and individual banking, on-line brokerage, private banking and investment banking.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Egypt) 1 of 1
Year (2010) 1 of 1