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Arab Finance: Holding Company for Maritime and Land Transport refused to sell its shares in Alexandria Container and Cargo Handling Company to Black Caspian Logistics Holding Limited, according to a bourse disclosure.
The UAE-based company submitted its mandatory tender offer (MTO) to the Financial Regulatory Authority (FRA) to acquire a 90% stake in Alexandria Container.
In December 2025, Black Caspian announced its intention for the stake acquisition deal at an initial purchase price at EGP 22.99 per share.
