Ascom board approves fair value study to buy 90% of Raya’s Ostool

· Egyptian market news · RAYA

Ascom board approves fair value study to buy 90% of Raya’s Ostool

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

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Original source: enterpriseam.com

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