M&A Deal Summary

Societe Generale Acquires Misr America International Bank

On September 1, 2005, Societe Generale acquired financial services company Misr America International Bank

Acquisition Highlights
  • This is Societe Generale’s 1st transaction in the Financial Services sector.
  • This is Societe Generale’s 1st transaction in Egypt.

M&A Deal Summary

Date 2005-09-01
Target Misr America International Bank
Sector Financial Services
Buyer(s) Societe Generale
Deal Type Add-on Acquisition
Advisor(s) EFG Holding (Financial)

Target

Misr America International Bank

Cairo, Egypt
Misr America International Bank provides commercial banking services.

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Buyer(S) 1

Buyer

Societe Generale

Paris, France

Category Company
Founded 1864
Sector Financial Services
Employees111,754
Revenue 52.5B EUR (2024)
DESCRIPTION

Societe Generale is a provider of retail banking, insurance, private banking, investment management, and corporate and investment banking services. Societe Generale was founded in 1864 and is based in Paris, France.


DEAL STATS #
Overall 1 of 6
Sector: Financial Services M&A 1 of 4
Type: Add-on Acquisition M&A Deals 1 of 3
Country: Egypt M&A 1 of 1
Year: 2005 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-07-18 Hitex Zrt

Budapest, Hungary

Hitex Zrt is a provider of automotive financing solutions for customers in Hungary.

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