Ascom board approves fair value study to buy 90% of Raya’s Ostool
· Egyptian market news · RAYA

Ascom’s board of directors approved a fair value study to acquire a 90% stake in Raya Holding’s Ostool Transport and Logistics the EGP 641 mn buyout here, pdf here, pdf fair value (pdf)
REFRESHER- collapsed in 2022 in June 2025
A full-circle moment:
Original source: enterpriseam.com