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Egypt Nears First Major Stake Sale Since Devaluation

Egypt is in advanced talks to sell the government’s remaining stake in Alex Bank to Intesa Sanpaolo SpA, in what would be the North African nation’s first major asset sale since devaluing its currency in March.

By: financialpost.com

Sep 20 2024
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Egypt Nears First Major Stake Sale Since Devaluation — Egypt Nears First Major Stake

(Bloomberg) — Egypt is in advanced talks to sell the government’s remaining stake in Alex Bank to Intesa Sanpaolo SpA, in what would be the North African nation’s first major asset sale since devaluing its currency in March. Read More

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