Minority Stake Acquisition

EFG Hermes Concludes Advisory to Pharco Pharmaceuticals on Ashmore’s Landmark Investment in Pharco KSA

EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced today the successful completion of its advisory role on a landmark transaction in which Ashmore Investment Saudi Arabia acquired a minority stake in Pharco KSA, the Saudi subsidiary of Pharco Pharmaceuticals, the largest pharmaceutical manufacturer in MENA, through a primary…