Amid news of potential acquisitions by E-Finance (EFIH), the company released a statement to the EGX clarifying its position on the matter.
Who is affected🤷 In response to news regarding the company venturing into the transport, tourism, & health insurance sectors, E-Finance said it already owns subsidiaries operating in the tourism & transportation sectors. As for health insurance, the company recently launched E-Health, a company for the development, management, & operation of health technology & digital solutions.
Why is this important🤔 The company confirmed its strategy of exploring acquisition opportunities of existing companies in the event that there are investment opportunities that create an added value for its shareholders & reflect positively on the stock’s value.
