Banque du Caire plans 30% IPO on EGX
· Egyptian market news · ARAB
Banque du Caire plans to offer 30% of its issued share capital on the Egyptian Exchange (EGX) through an initial public offering (IPO), with Banque Misr selling 4.575 billion existing ordinary shares, as per an emailed press release.
The sale will comprise a public offering open to subscribers in Egypt and a private placement for…
Source: Arab Finance — read the original story