An unknown buyer acquired 6.11% stake in Arab Engineering Industries (CASE:EEII) from Arab Moltaqa Investments Company (CASE:AMIA) for EGP 10.5 million on October 15, 2020. Under the terms of the transaction, the buyer acquired 10.2 million shares in Arab Engineering for EGP 1.028 per share. Upon completion of the transaction, Arab Moltaqa will now hold 33.31% stake in Arab Engineering from its previous 39.42% stake.

An unknown buyer completed the acquisition of 6.11% stake in Arab Engineering Industries (CASE:EEII) from Arab Moltaqa Investments Company (CASE:AMIA) on October 15, 2020.