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Omega ups Marseilia stake to 25.71%

Omega ups Marseilia stake to 25.71%
Photo Credit: Arabianeye - Reuters
Marseilia
MAAL
-1.90% 3.09 -0.06

Cairo – Mubasher: Omega Real Estate Development raised its stake in Marseilia Almasreia Alkhalegeya Real Estate Investment to 25.71%, after buying 3.4 million shares for EGP 10.2 million.

Before this transaction, Omega was holding 20.052% stake in Marseilia.

On other hand, one of Marseilia’s investors divested his stake in the company through selling 1.32 million shares for EGP 4 million.