{"id":321078,"date":"2021-02-14T09:54:27","date_gmt":"2021-02-14T09:54:27","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=321078"},"modified":"2021-02-15T09:56:06","modified_gmt":"2021-02-15T09:56:06","slug":"tender-offer-of-banque-misr-for-ci-capital-starts-today","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2021\/02\/14\/tender-offer-of-banque-misr-for-ci-capital-starts-today\/","title":{"rendered":"Tender offer of Banque Misr for CI Capital starts today"},"content":{"rendered":"<p>Egypt\u2019s stock exchange (EGX) announced on Sunday the start of the tender offer of Banque Misr for\u00a0 for buying a controlling stake in the share capital of CI Capital Holding for Financial Investments.<\/p>\n<p>The tender offer is taking effect throughout trading sessions of February 14 until March 11, the bourse added.<\/p>\n<p>The bank, Egypt\u2019s second biggest state-run lender, is seeking to buy 652.809.400 shares in CI Capital to boost its stake to 90 percent at 4.7 Egyptian pounds ($0.30).<\/p>\n<p>On Thursday, the Egyptian Financial Regulatory Authority (FRA) has approved Banque Misr\u2019s request to acquire a controlling stake in CI Capital.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt\u2019s stock exchange (EGX) announced on Sunday the start of the tender offer of Banque Misr for\u00a0 for buying a controlling stake in the share capital of CI Capital Holding for Financial Investments.<\/p>\n","protected":false},"author":4,"featured_media":320854,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22,33],"tags":[117],"class_list":["post-321078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-main","tag-banque-misr"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - 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