Ober is in talks with Karim to merge their operations in the Middle East



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Bloomberg: Ober talks with Karim to merge their operations in the Middle East


10:22


Wednesday, July 04, 2018

Cairo-Agencies:
Bloomberg reported Tuesday that Ober Technologies is in preliminary negotiations with rival Kareem to merge their services for pbadenger services in the Middle East.

Bloomberg reported the same thing, citing three
The two companies discussed several possible frameworks for the agreement that one of Karim's current leaders is leading the new merged business while retaining the One or both of the two companies' local trademarks, the report added.
According to Reuters, Ober said in a conversation with Karim that Oberland wanted to own more than half of the merged company if it did not buy cream.

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