Thndr Claps » EGY Claps » Mergers & Acquisitions 🤝 » CLHO Shareholders Have 10 Business Days to Respond to Purchase Offer…Starting Today🔟
Cleopatra Hospitals (CLHO) announced that the purchase offer submitted for a stake in the company is available to CLHO shareholders starting today, December 13th to December 26th.
More details🧐 CI Capital (CICH), together with Banque Misr, announced their intention of acquiring a 26.21% stake in CLHO through their subsidiary MCI Capital.
Why is this important🤔 The FRA had approved the publication of the purchase offer for 419.3 million shares at EGP 5/share. It is noteworthy that MCI Capital healthcare partners are 60% owned by CICH & 40% by Banque Misr.
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