{"id":326140,"date":"2022-09-07T11:55:09","date_gmt":"2022-09-07T11:55:09","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=326140"},"modified":"2022-09-07T11:55:09","modified_gmt":"2022-09-07T11:55:09","slug":"gb-autos-unit-considers-selling-45-of-gb-lease-to-uaes-chimera","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2022\/09\/07\/gb-autos-unit-considers-selling-45-of-gb-lease-to-uaes-chimera\/","title":{"rendered":"GB Auto&#8217;s unit considers selling 45% of GB Lease to UAE\u2019s Chimera"},"content":{"rendered":"<p>Ghabbour Auto (GB Auto) said the board of its 99.99%-owned subsidiary, GB Capital for Financial Investments, agreed to negotiate entering into an agreement with Chimera Abu Dhabi to indirectly sell 45% of GB Lease\u2019s shares.<\/p>\n<p>The firm said the transaction will be subject to the approvals of the Financial Regulatory Authority (FRA), GB Auto\u2019s board of directors as well as other relevant bodies and institutions, according to a bourse statement on Wednesday.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ghabbour Auto (GB Auto) said the board of its 99.99%-owned subsidiary, GB Capital for Financial Investments, agreed to negotiate entering into an agreement with Chimera Abu Dhabi to indirectly sell 45% of GB Lease\u2019s shares.\u00a0\u00a0<\/p>\n","protected":false},"author":2,"featured_media":326141,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-326140","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - 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