Intro Waste Management and Material Recovery Holding Ltd.?signed a contract to acquire Bariq for Advanced Industrial Techniques Company from Raya Holding Company for Financial Investments (S.A.E) (CASE:RAYA)?and others for approximately EGP?490 million on May 4, 2021. As per the transaction, Intro Waste Management and Material Recovery Holding Ltd.?will acquire 6.5 million shares of Bariq for Advanced Industrial Techniques Company at EGP 75.5?per?share from which Raya Holding Company for Financial Investments is selling its direct stake of 98.76% of the Bariq for Advanced Industrial Techniques Company shares and indirect share of 1.24% through its subsidiaries. Intro Waste Management and Material Recovery Holding Ltd. acquired Bariq for Advanced Industrial Techniques Company from Raya Holding Company for Financial Investments (S.A.E) (CASE:RAYA) on October 26, 2021.