Fundz

National Bank to acquire PGM Global Holdings

Apr 23, 2025

Acquiring Company

National Bank of Egypt

Acquired Company

PGM Global Holdings

United Arab EmiratesMontrealFinancial ServicesFinanceLendingBankingFinancial Services

Description

National Bank has signed a deal to acquire PGM Global Holdings to enhance its service offerings. This acquisition will complement the services of National Bank Independent Network. The deal is expected to close in late spring, subject to necessary approvals.

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Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

National Bank of Egypt

Location

United Arab Emirates

About

National Bank of Egypt is one of the largest banks in Egypt, offering a wide range of banking products and services. The bank aims to be a leader in the Egyptian banking system by providing modern, innovative, and customer-focused banking solutions.

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Frequently asked

Who acquired PGM Global Holdings?

PGM Global Holdings was acquired by National Bank of Egypt, based in United Arab Emirates. The deal was reported on April 23, 2025. National Bank of Egypt is one of the largest banks in Egypt, offering a wide range of banking products and services. National Bank of Egypt is privately held and operates in Financial Services.

When did National Bank of Egypt acquire PGM Global Holdings?

National Bank of Egypt's acquisition of PGM Global Holdings was reported on April 23, 2025. National Bank has signed a deal to acquire PGM Global Holdings to enhance its service offerings. This acquisition will complement the services of National Bank Independent Network. The deal is expected to close in late spring, subject to necessary approvals. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does PGM Global Holdings do?

PGM Global Holdings is an institutional trading services company based in Montreal. It offers specialized trading services to mainly North American clients. The company is registered with regulators in both Canada and the U.S. It is privately held, operating in Financial Services, and is based in Montreal.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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