EFG Hermes, CI Capital to lead Banque du Caire IPO after indicative price range set

Banque du Caire has set the indicative price range for its initial public offering (IPO) on the Egyptian Exchange (EGX) between EGP 4.82 and EGP 5.30 per ordinary share, according to an emailed press release.

The indicative price range implies an offering size between EGP 22.05 billion and EGP 24.25 billion and a market capitalization…