Investor Presentaiton
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TMG Holding
On track with our monetization plan
Education alliance between TMG Holding,
GEMS Education and EFG Hermes
In line with our previously announced strategy, the company has been
successful in monetizing some of its non-core assets that were not
captured by the market.
In May 2018, GEMS Education and EFG Hermes entered into a strategic
alliance with TMG to acquire, operate and develop k-12 schools in Al
Rehab and Madinaty.
■Under this agreement, GEMS Education and EFG Hermes Private Equity
acquired 4 schools for a total consideration of EGP1.0bn.
■More non-core assets have been slated for similar transactions and we
will be updating the market once these transactions are concluded.
U
TMG Holding
Grills = EFG HERMES
EDUCATION
المجموعة المالية هيرميس
Investor presentation 9View entire presentation