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Egypt: Fawry to acquires Banque Misr’s 15% stake in Fawry Plus
Fawry for Banking and Payment Technology Services will purchase a Banque Misr’s 15% stake in its subsidiary Fawry Plus Banking Services, for EGP 16.2 million, according to Fawry’s statement filed to the Egyptian Exchange. Based on the independent financial advisor’s fair value report, Fawry will buy 14 million shares at…
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