Hedge Funds & Alternative Investments
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Banque Misr sells entire stake in EFIC
Banque Misr has sold its 9.98% stake in the Egyptian Financial and Industrial Company (EFIC), according to a recent bourse statement. The Cairo-based lender sold a total of 7.26 million shares in the EGX-listed firm for EGP 145.30 million, at an average price of EGP 20 per share. The Commercial…
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