Banque du Caire's IPO oversubscribed 27.08x ahead of November 2 EGX debut
· Egyptian market news · ARAB
Banque du Caire’s public share offering closed with demand reaching 27.08 times the shares available, as investors ordered nearly 9.291 billion shares ahead of the bank’s expected trading debut on the Egyptian Exchange (EGX) on November 2.
The subscription results showed an allocation ratio of 0.0369…
Source: Arab Finance — read the original story