CAIRO - Shareholders representing about 72% of the shares of CI Capital, Egypt's second biggest investment bank, have accepted an offer to sell their stakes to state-owned Banque Misr at 4.70 Egyptian pounds ($0.30) per share, traders said on Thursday.

If completed, the deal would give control of the investment bank to Banque Misr, which already has direct and indirect ownership of about 25%.

Banque Misr, which has been seeking to acquire 90% of CI Capital, would not go beyond that stake, Vice Chairman Akef al-Maghraby told Reuters on Thursday.

That means not all of the shares offered would be accepted.

An independent financial adviser to CI Capital last week put the company's fair value at 5.73 pounds.  

CI Capital shares closed at 4.66 pounds on Thursday ahead of the Egyptian weekend, up 0.65%.

($1 = 15.6300 Egyptian pounds)

(Reporting by Ehab Farouk, writing by Patrick Werr;Editing by Elaine Hardcastle) ((patrick.werr@thomsonreuters.com;))