Business tycoon Naguib Sawiris (Photo Credit: Arabianeye - Reuters)
CIB
COMI
3.42%
136.00
4.50
COMI
Orascom Investment Holding
OIH
1.36%
1.49
0.02
OIH
Beltone Holding
BTFH
0.99%
3.07
0.03
BTFH
Cairo – Mubasher: The Egyptian Financial Supervisory Authority (EFSA) announced Wednesday postponing a decision on the acquisition bid made by Beltone Financial Holding for CIB's investment banking arm CI Capital.
The market regulator said it would wait a resolution of a court case involving Naguib Sawiris who is a major shareholder in Orascom Telecom Media and Technology (OTMT).
Source:
Mubasher