|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 8.12 EGP | +3.31% |
|
+3.31% | +19.24% |
CAIRO (Reuters) - Vodafone Egypt plans to complete the acquisition of 20% stakes in two digital payment companies, Bee and Masary, within a maximum of three months, an official at the company said on Wednesday.
The company has signed a memorandum of understanding (MoU) with Ebtikar, which owns the two firms, to buy the stakes, it said in a statement on Tuesday.
Ebtikar is a subsidiary of Egypt's MM Group.
(Reporting by Ehab Farouk; Writing by Mahmoud Mourad; Editing by Louise Heavens)
| 1st Jan change | Capi. | |
|---|---|---|
| +19.24% | 203M | |
| +0.36% | 2.12B | |
| -12.43% | 1.96B | |
| +13.36% | 1.74B | |
| +7.37% | 758M | |
| -6.18% | 519M | |
| -5.92% | 521M | |
| +6.08% | 485M | |
| +12.79% | 467M | |
| +2.18% | 425M |
MM GROUP FOR INDUSTRY AND INTERNATIONAL TRADE S.A.E. 
