05/07/1999
Al-Ahram Newspaper 1999/JULY /05
Al-Osboh Newspaper 1999/APRIL /05
Merging creates giant economic entities that control the largest portion of the market. It enables the company to increase its competitive capabilities and reduces the marketing and production expenses. Two Egyptian businessmen jumped on the merger wave with purchasing an existing company and by purchasing a controlling share of the international company.(Available in Arabic – German in PDF )
Two Egyptian businessmen joined the merger wave. One purchased a well know company from Germany, the other merged his company with an international British-Dutch company after purchasing a controlling share. Merging creates giant economic entities that own the largest portion of the market increasing its competitive capabilities by reducing marketing and production expenses. Egyptian companies must purchase or merge with existing companies or economic entities that are already available in the market. Merging opens hew horizons for benefitting from elements of excellence. It increases the opportunity for the circulation of goods and reduces industrial costs in the fields of production, research, marketing, export studies and job advancement. It also allows the exchange of information.