In Egypt, Cleary Gottlieb Steen & Hamilton and Alliance Law advised U.S. Philip Morris International (PMI) on its acquisition of an indirect 14.7% minority stake in Eastern Tobacco Company, Egypt’s largest cigarette producer valued at more than $1.2 billion.
June 06, 2024 at 07:21 AM
5 minute read
International firms advised multinational clients on large M&A transactions in May as well as working on funding deals in Mozambique, Kenya, Egypt, South Africa and Tanzania.
Cleary, Alliance Law advise PMI on Egypt’s Eastern Tobacco
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