EFG Hermes concludes role in MNT-Halan's EGP 7.84B IPO

EFG Hermes, a subsidiary of EFG Holding, has successfully concluded its role as joint global coordinator and joint bookrunner on MNT-Halan 's initial public offering (IPO) on the Egyptian Exchange (EGX), according to a press release.

Priced at EGP 24.50 per share, the EGP 7.84 billion offering marks Egypt’s largest IPO since 2021 in US…