An unknown buyer acquired 2.6% stake in Abu Qir Fertilizers and Chemical Industries Co. (S.A.E.) (CASE:ABUK) from Industrial Development Authority for EGP 590 million on December 10, 2021. Industrial Development Authority (IDA) has sold 32.68 million shares equivalent to an average price of EGP 17.80 per share, reducing its stake to 10.1% from 12.7%. An unknown buyer completed the acquisition of 2.6% stake in Abu Qir Fertilizers and Chemical Industries Co. (S.A.E.) (CASE:ABUK) from Industrial Development Authority on December 10, 2021.