Our Website Uses Cookies 


We and the third parties that provide content, functionality, or business services on our website may use cookies to collect information about your browsing activities in order to provide you with more relevant content and promotional materials, on and off the website, and help us understand your interests and improve the website.


For more information, please contact us or consult our Privacy Notice.

Your binder contains too many pages, the maximum is 40.

We are unable to add this page to your binder, please try again later.

This page has been added to your binder.

Covington Advised Egyptian Investment Bank in Acquisition of Brokerage Firm

June 3, 2016

NEW YORKCovington advised Beltone Financial Holding, a leading Egyptian investment bank, in its acquisition of 51 percent of Auerbach Grayson & Company, a New York brokerage firm specializing in global trade execution and research on developed, frontier, and emerging markets for U.S. institutional investors.

This acquisition marks Beltone Financial’s entry into the U.S. market.

The Covington team included corporate partner Michael Reed, of counsel Chris DeCresce, and associate Ramy Ramadan. Advice was also provided by partner Bruce Bennett, with associate Nora Diamond-Jones (FINRA and securities), partner Rob Heller (tax), and associate Jenna Wallace (employee benefits). 

 

Share this article: