MNT-Halan's private IPO tranche 11.2x oversubscribed
· Egyptian market news · ARAB
MNT-Halan has closed subscriptions for the private tranche of its initial public offering (IPO) on the Egyptian Exchange (EGX), with the tranche 11.2 times oversubscribed at an offer price of EGP 24.50 per share, as per an emailed press release.
Excluding cornerstone investors, the private tranche was 19.4 times oversubscribed…
Source: Arab Finance — read the original story