Sunday 03, June 2012 by Robin Amlôt
EFG Hermes' shareholders press ahead with QInvest deal
EFG Hermes has confirmed that the company's shareholders, including its primary shareholders Abu Dhabi Investment Authority and Dubai Financial Group, have overwhelmingly voted in favour of all the items on the agenda of its Extraordinary General Assembly Meeting (EGM), paving the way to implement the strategic alliance with QInvest. The resulting joint venture company, EFG Hermes Qatar, will be 60 per cent owned by QInvest and 40 per cent owned by EFG Hermes.
