Thndr Claps » EGY Claps » Mergers & Acquisitions 🤝 » Qatar Investment Authority locks in on MOPCO 🎯
The ClapAccording to Al Mal News, the Qatar Investment Authority is studying the possibility of acquiring a 15%-20% stake in MOPCO (MFPC).The DeetsThe fund is looking to buy a stake in MOPCO from the Egyptian government. The Egyptian government holds a 40.04% stake after the latest acquisitions.The biggest stake held by an Egyptian company in MOPCO is ECHEM’s stake of 30.7%.What’s Happening to MOPCO?MOPCO is currently an acquisition target for many entities, as ADQ acquired a 20% stake, and more recently the Saudi PIF acquired a 25% stake.The entities that sold their stakes in MOPCO were all government-controlled like the Ministry of Finance and NIB.
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