EFG-Hermes Says Qinvest Takeover Deal Set to Expire

(Company corrects first paragraph to decline comment on renewal possibility.)

EFG-Hermes Holding SAE said its sale to Qatar’s QInvest LLC set to expire on May 4 * EFG declined to comment on QInvest deal extension possibility * Date would be one year since the deal was signed * EFG-Hermes waiting for ‘no objection’ from Egyptian regulator; says receipt of that would allow deal to close * EFG-Hermes investor relations manager Hanzada Nessim speaks in telephone interview

To contact the reporter on this story: Nadine Marroushi in Cairo at nmarroushi@bloomberg.net

To contact the editor responsible for this story: Dale Crofts at dcrofts@bloomberg.net

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