Egypt’s Banque du Caire eyes slimmed-down IPO post-Covid
Banque du Caire was so nearly there. The Egyptian lender was on track to complete a $500 million initial public offering in the spring of 2020. Everything was in place. Its owner, state-owned lender Banque Misr, had committed to offloading up to 30% of the Cairo-based bank. Underwriters HSBC and…
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