Banque du Caire Boosts Size of Egyptโs Biggest IPO in a Decade
Banque du Caire boosted the stake itโs offering in a long-delayed IPO to 45%, in what would be Egyptโs largest initial public offering in more than a decade.
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Banque du Caire boosted the stake itโs offering in a long-delayed IPO to 45%, in what would be Egyptโs largest initial public offering in more than a decade.
Banque du Caire is looking to raise as much as 24.25 billion Egyptian pounds ($454 million) via the sale of a 30% stake, in what would be the North African countryโs largest initial public offering in years.
Egyptโs state-owned Banque du Caire is seeing strong interest in its sale of a 30% stake this month, as the Middle Eastโs most populous nation shrugs off turmoil elsewhere in the region to host two major initial public offerings.