TVM Capital Healthcare Partners Launches Offer to Buy a Majority Stake in Ameco Medical Industries (MENA)
Source: TVM Capital Healthcare Partners
Private equity and growth capital firm TVM Capital Healthcare Partners has launched a mandatory tender offer to buy a majority stake in Egypt-listed Ameco Medical Industries, a company that designs and manufactures catheters. The move is part of a deal with commercial bank National Bank of Egypt and mutual fund manager Al Ahly Funds and Portfolio Management to purchase 100 percent of their joint shareholding. The transaction will be structured through TVM Healthcare MENA I. Financial details of the transaction were not disclosed.