Talks with Egypt's Sawiris over Shalateen mining have halted - minister

Sawiris chairs private gold mining group La Mancha and said in February that he was holding talks to acquire a 51% stake in Shalateen

  

CAIRO - Negotiations with Egyptian businessman Naguib Sawiris over his bid for a stake in the state-owned Shalateen mining company have halted, Egypt's petroleum minister said on Thursday.

Sawiris chairs private gold mining group La Mancha and said in February that he was holding talks to acquire a 51% stake in Shalateen.

(Reporting by Ahmed Ismail Writing by Aidan Lewis Editing by Nadine Awadalla) ((Aidan.Lewis@tr.com; +20-1001174410;))

More From Equities