Egyptian Exchange awaits 6 new IPOs in 2022
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An opinion poll conducted by Daily News Egypt on the expected initial public offerings (IPOs) during 2022, revealed that three government IPOs and another three private ones are expected this year.
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An opinion poll conducted by Daily News Egypt on the expected initial public offerings (IPOs) during 2022, revealed that three government IPOs and another three private ones are expected this year.
The Investment Banking division of EFG Hermes Holding (HRHO) announced the completion of advisory on Macro Group Pharmaceutical’s (Macro Capital) (MCRO) EGP 1.3 billion initial public offering (IPO) on the Egyptian Exchange (EGX), according to an emailed press release on February 10th.
The Egyptian Exchange’s (EGX) Listing Committee has approved the final de-listing of National Bank of Kuwait Egypt’s (NBK Egypt) (NBKE) shares, according to a statement.
EFG Hermes Holding (HRHO) has received a non-binding offer from First Abu Dhabi Bank (FAB) for a potential cash acquisition of net less than 51% of the company’s issued shares at an indicative purchase price of EGP 19 per share, according to a press release.