Safwa Consulting has sold a 0.69% stake in Arab Dairy Products Co. Arab Dairy (Panda) (ADPC) for EGP 3.522 million or EGP 1.761 per share, according to a shareholding disclosure on October 20th.

The OPR screens revealed on Wednesday that about 97% of the target shares responded to an offer from Expedition on Arab Food Industries (Domty) of 93 million shares out of about 96.18 million shares in the last purchase offer sessions, which represent about 32% of the company’s total capital shares.

Emerald Real Estate Investment (EMRI), Edge Development and Project Management, Emerald Development and Projects Management (EMDE), Odin for Investment and Development (ODID), and Odin for Investment and Real Estate agreed to be merged with Egyptians for Housing and Development Company (EHDR), according to a filing to the Egyptian Exchange (EGX) on Tuesday. 

Societe Arabe Internationale de Banque (EGX:SAIB) has sold its 8.53% in Pyramids Paper Mills (Flora) at a total value of EGP 3.85 million, SAIB announced in a filing to the Egyptian Exchange (EGX) on August 29th.