Paradigm Logistics made a non-binding offer to acquire 31.16% stake in Ostool for Land Transport Company for approximately EGP 130 million on February 11, 2020. The transaction is subject to signing of a contract. As of February 13, 2020, Raya Holding Company for Financial Investments (S.A.E) board approved the deal. Paradigm Logistics cancelled the acquisition of 31.16% stake in Ostool for Land Transport Company on February 11, 2021.