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Banque du Caire IPO covered by around 42% in 1st day

Banque du Caire’s initial public offering (IPO) attracted subscription orders for around 97 million shares in its public tranche on the first day, Monday, out of a total of 228.75 million shares on offer, while four companies covered around 42 percent of the private tranche, according to a source familiar…

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Click here to read the full story: Ahram Online

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