Alexandria Mineral Oils Company (CASE:AMOC) agreed to acquire additional 51% stake in Alexandria Wax Products Company from Sasol Germany GmbH on November 29, 2018. Alexandria Mineral Oils will acquire the stake at EGP 100 per share. As of November 29, 2018, Alexandria Mineral Oils' board unanimously approved the transaction. Alexandria Mineral Oils Company (CASE:AMOC) completed the acquisition of additional 51% stake in Alexandria Wax Products Company from Sasol Germany GmbH on May 20, 2019. AMOC now owns 91% stake in Alexandria Wax Products Company.