International bodies take majority of Cairo Bank shares
Cairo Bank announced that four companies covered 63% of its private placement of shares on the Egyptian Stock Exchange. Companies such as "Sustainable Capital," "Waha Investment," and "Helicon Investment" subscribed, leading to full coverage of the private offering, which accounts for 95% of the shares being offered. The offering is priced within a range of 4.82 to 5.30 Egyptian pounds per share, and it is expected that the subscription will be completed before the end of October 2026, with trading beginning in November after obtaining the necessary regulatory approvals.
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