Al-Marsad Newspaper: The Saudi Sovereign Fund acquired the 6 largest Egyptian companies in total deals amounting to 27.9 billion pounds.
a company b unique
The Egyptian company “B-Tech” announced a new investment by the Saudi Egyptian Investment Company, which is wholly owned by the Public Investment Fund (the Saudi Sovereign Fund). According to Russia Today.
According to a statement, the Saudi Egyptian Investment Company will purchase a minority stake of about 34% in the “B-Tech” company from the second African Development Partners Fund of the International Development Partners Company, where the acquisition took place at a value of approximately 3 billion Egyptian pounds.
a company Mobco for fertilizers
The Saudi Sovereign Fund acquired a 25% stake in the state-run Misr Fertilizer Production Company (Mopco), after purchasing shares owned by government agencies, at a value of approximately EGP 7.1 billion.
a company Which finance
The Saudi sovereign fund acquired about 19.8% of the shares of the “e-finance” company, which specializes in the technology field, at a value of 7.5 billion Egyptian pounds.
Alexandria to trade containers
The Holding Company for Transport sold 297.95 million shares of Alexandria Container Handling, with a total value of 3.02 billion pounds, with an average selling price per share of 8.11 pounds.
Abu cere for fertilizers
Saudi Arabia acquired a share of about 19.8% of the company’s shares, which is a percentage added to a previous Emirati acquisition of about 21.5% of the company’s shares, with a value of approximately 7.3 billion Egyptian pounds.
a company Ibico industries pharmacological
The Saudi Sovereign Fund, through its subsidiary, “Saudi Egyptian Investment”, acquired 4.7% of the shares of “Egyptian International Pharmaceutical Industries” (EPICO) – equivalent to about 4.7 million shares – with a value of more than 140 million pounds.