Egyptian Competition Authority clears three acquisition deals - News Summed Up

Egyptian Competition Authority clears three acquisition deals


The Egyptian Competition Authority has approved three acquisition transactions, following reviews by its Committee for Reviewing Economic Concentration Filings, as part of its mandate to oversee mergers and ensure compliance with competition law. The committee cleared the acquisition of 100% of the shares of Smiths Detection Group Ltd by CVC Capital Partners plc. The approvals fall within Egypt’s pre-merger notification regime, which requires parties to notify the authority of transactions that may constitute economic concentrations. The regulator assesses the potential impact of such deals on market competition before granting clearance. The decisions underscore continued merger and acquisition activity across financial services, logistics and security-related sectors.


Source: Daily News Egypt February 25, 2026 17:56 UTC



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