Cairo – Alexandria National Company for Financial Investment has received an offer from Zaldi Capital and other investors to acquire 90% of the company’s shares.
Zaldi Capital has offered a price of EGP 5.5 per share, noting that it would keep the company’s shares listed on the Egyptian Exchange, according to a bourse disclosure on Sunday.
During the first nine months of 2020, the company reported net profits of EGP 5.93 million, against net losses of about EGP 421,610 in the corresponding period a year earlier.
Source: Mubasher
All Rights Reserved - Mubasher Info © 2005 - 2021 Provided by SyndiGate Media Inc. (Syndigate.info).
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
