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07/20/2011 / EGYPT - SWEDEN / MERGERS AND ACQUISITIONS
Crédit Agricole CIB sole financial adviser to Electrolux for the acquisition of Olympic Group in Egypt
Crédit Agricole CIB acted as the exclusive adviser to Electrolux in its acquisition of a 52% equity stake in Olympic Group, the household appliance leader in the Middle East. This EUR 325 million transaction has enabled the Swedish company, the global leader in the sector, to strengthen its operations in the region.
Cyril Paolantoni, Head of Consumer Goods, Global Investment Banking, describes the milestones reached in this significant innovative deal.
>> Read the interview