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AXA announced today that it had completed the acquisition of 100% of Commercial International Life Insurance Company (“CIL”), a leading Egyptian Life insurance player, for a cash consideration of EGP 763 million (or Euro 92 million).
In conjunction with the acquisition, CIL has entered into a 10-year exclusive Life & Savings distribution agreement with Commercial International Bank (“CIB”), focusing in particular on Unit-Linked and Protection & Health insurance.
MARKET STATUS: CLOSED
| CAIRO OILS & SOAP | 0.39 | +18.18% | 06/02 |
| COPPER FOR COMMERCIAL INVESTMENT & REAL ESTATE | 0.45 | +7.14% | 06/02 |
| GADWA FOR INDUSTRIAL DEVELOPMENT | 4.81 | +6.89% | 06/02 |
| SOUTH VALLEY CEMENT | 4.97 | +6.88% | 06/02 |
| EASTERN TOBACCO | 29.95 | +6.58% | 06/02 |
| OSOOL ESB SECURITIES BROKERAGE | 1.03 | -14.88% | 06/02 |
| MIDDLE & WEST DELTA FLOUR MILLS | 311.96 | -5.47% | 06/02 |
| ROWAD TOURISM (AL ROWAD) | 26.24 | -5.00% | 06/02 |
| GOLDEN TEXTILES & CLOTHES WOOL | 27.29 | -4.25% | 06/02 |
| RUBEX INTERNATIONAL FOR PLASTIC AND ACRYLIC MANUFACTURING | 11.24 | -3.60% | 06/02 |
| CAIRO OILS & SOAP | 0.39 | 620,273,277 | 06/02 |
| EGYPTIANS FOR INVESTMENT & URBAN DEVELOPMENT | 0.28 | 243,810,843 | 06/02 |
| EGYPTIAN FOR DEVELOPING BUILDING MATERIALS | 0.85 | 205,279,640 | 06/02 |
| ELSAEED CONTRACTING & REAL ESTATE INVESTMENT | 0.99 | 82,859,864 | 06/02 |
| ORASCOM FINANCIAL HOLDINGS | 0.42 | 79,643,190 | 06/02 |
 | BRVM-CI | 283.07 | +0.37% | 07/02 |
 | BSE DCI | 10,075.28 | - | 07/02 |
 | DSE ASI | 2,272.01 | +0.59% | 07/02 |
 | EGX 30 | 30,011.84 | +0.93% | 06/02 |
 | GSE-CI | 5,245.36 | +0.24% | 07/02 |
 | JSE ASI | 87,474.50 | +0.32% | 07/02 |
 | LuSE ASI | 15,480.26 | +0.26% | 07/02 |
 | MASI | 16,325.77 | - | 07/02 |
 | MSE ASI | 232,733.35 | +0.01% | 07/02 |
 | NGX ASI | 105,933.03 | +0.48% | 07/02 |
 | NSE ASI | 129.58 | -0.33% | 07/02 |
 | NSX OI | 1,799.69 | +0.25% | 07/02 |
 | RSE ASI | 149.27 | - | 07/02 |
 | SEM ASI | 2,225.84 | +0.01% | 07/02 |
 | TUNINDEX | 10,197.69 | +0.27% | 07/02 |
 | USE ASI | 1,279.63 | +0.40% | 05/02 |
 | ZSE ASI | 191.90 | -0.80% | 07/02 |
