Expedition Investments made an offer to acquire an additional 34% stake in Arabian Food Industries Company (DOMTY) - S.A.E (CASE:DOMT) for EGP 529 million on April 5, 2022. Expedition Investments offered EGP 5 per share. As of September 8, 2022, the offer price has increased to EGP 5.5 per share.

Expedition Investments to carry out the financial and legal due diligence examination. The transaction has been approved by the Financial Regulatory Authority. The deal will be concluded by the end of next August.