Thndr Claps » EGY Claps » Food & Beverage 🍕 » UAE investment firm acquires 3% stake in Edita🥐
The ClapUAE investment firm RIMCO Investments reportedly acquired a 3% stake in Edita (EFID).
DeetsThe deal was executed at EGP 9.6/share for some 20 million shares, where Kingsway Capital reportedly was the seller.
Why this mattersAcquisition offers & significant stake purchases have been common recently for EGX-listed companies, as their prices reached low levels.
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