The offering marks EFG Hermes’ fifth IPO this year and is the latest in a series of transactions the investment bank has advised on in the GCC region
The post EFG Hermes concludes advisory on Lumi Rental’s $290m IPO appeared first on Gulf Business .,
EFG Hermes concludes advisory on Lumi Rental’s $290m IPO
Egypt-based investment bank, EFG Hermes, has successfully concluded its advisory services for Lumi Rental’s $290m initial public offering (IPO).
EFG Hermes, known for its expertise in the GCC region, has made significant strides in the IPO market this year. Lumi Rental’s IPO marks its fifth successful offering in 2021, solidifying its reputation as a trusted investment bank. With a deep understanding of the market and extensive experience, EFG Hermes has played a key role in driving economic growth and enabling successful transactions in the region.
EFG Hermes’ role in the GCC region
The investment bank’s strong presence and track record in the GCC region have positioned it as a leading player in the industry. EFG Hermes has a reputation for delivering exceptional advisory services and supporting companies in achieving their financial goals. Lumi Rental’s $290m IPO is the latest addition to the portfolio of successful transactions led by EFG Hermes, further cementing its position as a trusted advisor in the region.
Continued growth and success
EFG Hermes’ success in concluding Lumi Rental’s IPO underscores the investment bank’s commitment to driving economic growth and supporting businesses in the GCC region. With its impressive track record and expertise, EFG Hermes is well-positioned to continue delivering exceptional advisory services and supporting companies in achieving their financial objectives.
References:
Source: Gulf Business (www.gulfbusiness.com)
Original article: Link
