Investment Banking
The Investment Banking team has grown progressively. Beltone’s strength lies in its team members’ strong and diverse experience working with leading regional and international bulge-bracket investment banks in emerging and developed markets
They have unparalleled MENA market understanding, having developed strong expertise across various sectors and product areas. Our clients receive senior level attention in every stage of an engagement, underscoring Beltone Financial’s total client commitment
Local and cross-border financial advisory and capital-raising services:
Key Transactions
Beltone Investment Banking | Initial Public Offerings
Initial Public Offering
E£ 340,000,000
(USD 58,262,476)
Initial Public Offering
Lead Manager and Sole Bookrunner
May 2005
Initial Public Offering
SAR 40,000,000
(EGP 61,729,200)
Initial Public Offering
Financial Advisor and Arranger
May 2007
Global Offering and dual listing in Egypt and Switzerland
E£ 969,000,000
(CHF 190,000,000)
Global Offering and dual listing in Egypt and Switzerland
Co-Manager on the offering and sole listing advisor in Egypt
May 2008
Initial Public Offering
SAR 200,000,000 Financial Advisor and Arranger February 2007
(EGP 309,250,000)
Initial Public Offering
Initial Public Offering
E£ 1,270,870,293
(USD 221,284,923)
Initial Public Offering
Global Coordinator, Lead Manager and Sole Bookrunner
July 2007
Initial Public Offering
E£ 1,150,000,000
(USD 200,000,000)
Initial Public Offering
Sole Global Coordinator and Bookrunner
November 2010
Initial Public Offering
SAR 40,000,000
(EGP 61,729,200)
Initial Public Offering
Financial Advisor and Arranger
May 2007
Initial Public Offering
SAR 105,000,000
(EGP 157,664,850)
Initial Public Offering
Financial Advisor and Arranger
October 2007
Initial Public Offering
E£ 506,074,105
(USD 70,288,1050)
Initial Public Offering
Joint Global Coordinator and Bookrunner
December 2014
Initial Public Offering
SAR 40,000,000
(EGP 61,729,200)
Initial Public Offering
Financial Advisor and Arranger
May 2007
Initial Public Offering
SAR 80,400,000
(EGP 120,726,228)
Initial Public Offering
Financial Advisor and Arranger
October 2007
Initial Public Offering
E£708,000,000
($40,000,000)
Initial Public Offering
Sole Global Coordinator and Bookrunner
April 2017
Beltone Investment Banking | Additional Transactions
Exclusive Financial Advisor
Exclusive Financial Advisor
January 2017
Sole Financial Advisor
E£ 1,729,465,097
(USD 232,924,592)
Sole Financial Advisor
April 2015
Sole Financial Advisor
Sale of 100% of Nakhla Tobacco Group to Japan Tobacco International
Sole Financial Advisor
March 2013
Financial Advisor
E£ 1,000,000,000
(USD 181,818,182)
Bond Offering
Financial Advisor
May 2010
Sole Financial Advisor
E£ 4,069,656,000
(USD 735,372,795)
Merger with Samcrete for Engineering Investments
Sole Financial Advisor
December 2009
Exclusive Financial Advisor
E£ 402,704,224
(USD 74,640,927)
Sale of 60% of National Drilling Company to Al Safat Investment
Exclusive Financial Advisor
June 2008
Exclusive Financial Advisor
E£ 734,242,283
(USD 131,036,539)
Acquisition of Amwal al Arabia by Arab Cotton Ginning via share swap
Exclusive Financial Advisor
October 2007
Exclusive Financial Advisor
E£ 464,069,650
(USD 79,806,575)
Acquisition of a 26% stake in NCHD by a consortium led by Beltone Capital
Exclusive Financial Advisor
December 2006
Exclusive Financial Advisor
E£ 90,000,000
(USD 15,495,201)*
The sale of Enjoy to a strategic investor
Exclusive Financial Advisor
October 2005
Sole Financial Advisor
Sale of 100% of Al Shorouk Hospital to Cleopatra Hospital
Sole Financial Advisor
January 2016
Financial Advisor
E£ 890mn
$125mn
Acquisition of 86% of Bisco Misr via a mandatory tender offer
Financial Advisor
December 2014
Exclusive Financial Advisor
Back Title
E£ 1,315,000,000
& USD 212,800,000
Egyptian Chemical Industries KIMA
Syndicate Facility
Exclusive Financial Advisor
January 2012
Exclusive Financial Advisor
E£ 312,000,000
(USD 56,727,273)
Capital Raising
Exclusive Financial Advisor
May 2010
Exclusive Financial Advisor
E£ 14,052,600,000
(USD 2,532,000,000)
EAgrium’s merger with MOPCO
Exclusive Financial Advisor
January 2009
Sole Financial Advisor
E£ 778,299,525
(USD 143,978,364)
Acquisition of 76.9% of Cairo Medical Tower Laboratory (Al Borg Laboratories) Via a tender offer
Sole Financial Advisor
May 2008
Rolaco Hotels
Sole Financial Advisor
E£278,619,625
(USD 49,723,848)
Acquisition of 28.9% of Semiramis Hotels via a tender offer
Sole Financial Advisor
October 2007
Co-advisor and Placement Agent
E£ 575,000,000
(USD 99,071,656)
Capital Increase in Orascom Hotels and Development
Co-advisor and Placement Agent
November 2006
Lead Placement Agent
E£ 350,000,000
(USD 60,242,415)
Placement of equity piece in Weather Investment’s acquisition of Wind
Lead Placement Agent
August 2005
Financial Advisor
Acquisition of ASEC Menya & ASEC Ready Mix
Financial Advisor
November 2015
Sole Financial Advisor
Acquisition of 58% of AMECO Medical Industries via a mandatory tender offer
Sole Financial Advisor
March 2014
Financial Advisor
E£ 20,250,000,000
(USD 3,375,000,000)
Acquisition and Tender Of Mobinil
Financial Advisor
January 2012
Exclusive Financial Advisor
E£ 440,000,000
(USD 80,000,000)
Joint venture between GB AUTO and Al-Kasid Group of Companies
Exclusive Financial Advisor
February 2010
Exclusive Financial Advisor
SAR 357,000,000
(USD 95,316,922)
Sale of 55% of Al Sawani to Global Investment House
Exclusive Financial Advisor
July 2008
Sole Financial Advisor
E£ 16,725,103,579
(USD 3,093,992,711)
Acquisition of 98.1% of Orascom Hotels and Development via a tender offer
Sole Financial Advisor
May 2008
Exclusive Financial Advisor
E£ 210,000,000
(USD 36,220,698)
GB Auto’s acquisition of
a 49% stake in CITI
Exclusive Financial Advisor
March 2007
Exclusive Financial Advisor
Value Not Disclosed
El Nasr Clothing (Kabo) acquisition of Wave for Trading and Agencies
Exclusive Financial Advisor
April 2007
Lead Placement Agent and Bookrunner
E£ 375,857,349
(USD 60,006,506)
Sale of Celtel International’s shares in Vodafone Egypt
Lead Placement Agent and Bookrunner
September 2004
Sole Financial Advisor
Sale of minority stake to European Bank for Reconstruction & Development (EBRD)
Sole Financial Advisor
May 2015
EGP Broker, & Buy Side Advisor
Back Title
E£ 17.5bn
$2.6bn
QNB acquisition of National Societe Generale Bank (NSGB)
EGP Broker, & Buy Side Advisor
March 2013
Sole Financial Advisor
E£ 222,580,449
(USD 38,709,643)
Acquisition of 50% of Kandil Glass by North Africa Holding Company
Sole Financial Advisor
September 2010
E£ 5.8 bn
(USD 1.1 bn)
Beltone jointly advised ENPC, a fully owned entity by Misr Fertilizer Production Company
December 2009
Exclusive Financial Advisor
E£ 371,000,000
(USD 70,000,000)
Joint venture between GB AUTO and Marco Polo
Exclusive Financial Advisor
June 2008
Sole Financial Advisor
E£ 308,000,000
(USD 56,850,640)
Capital Raising
Sole Financial Advisor
March 2008
Exclusive Financial Advisor
E£ 1,350,000,000
(USD 232,161,006)
Structuring and capital raising for a Greenfield sugar manufacturing plant
Exclusive Financial Advisor
December 2006
Exclusive Financial Advisor
E£ 387,464,000
(USD 66,829,602)
Sale of Sprea Misr and Plastichem to IFI,a subsidiary of EK Holding
Exclusive Financial Advisor
March 2007