Cairo – Mubasher: Ebtikar for Financial Investment, a joint venture between MM Group for Industry and International Trade and B Investments Holdings, has acquired an additional stake of 4.2% in Masary for EGP 18.7 million.

Accordingly, Ebtikar’s stake in the smart payment company will be increased to 69.8% from 65.5%, according to a bourse statement released on Thursday.

In October, Ebtikar for Financial Investment acquired an additional stake of 5.9% in Masary for EGP 25.9 million.