Egypt: France-based Vicat’s stake in Sinai Cement has risen to 67% from 51%. The group purchased US$5.65m-worth of additional shares in the producer from separate investors on 13 December 2022. Reuters News has reported that shareholder Arab Industrial Investment sold its 6.6% stake for US$2.29m.
Vicat increases Sinai Cement stake
URL: https://globalcement.com/news/item/15041-vicat-increases-sinai-cement-stake
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