Belton Capital completes Baobab Group acquisition for €197.6 million

Egyptian holding company Belton announced the completion of the Baobab Group acquisition deal. This cross-border deal is the largest in the company's history.

Egyptian holding company Belton announced on Tuesday that its wholly-owned subsidiary Belton Capital has completed the acquisition of all shares of Baobab Group for 197.6 million euros. This is the first cross-border acquisition deal executed by the company and the largest deal in its history.

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