FRA rejects Sagasse’s MTO to acquire Elsewedy Electric
Mubasher - 10/21/2025 11:17:17 AM - GMT (+4 )
Mubasher - 10/21/2025 11:17:17 AM - GMT (+4 )
Mubasher: The Financial Regulatory Authority (FRA) has rejected the mandatory tender offer (MTO) submitted by Sagasse Investment Company to fully acquire Elsewedy Electric Company. Sagasse intended to offer EGP 65 per share in cash or via share …
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