Ezz Steel denies intentions to buy state’s stake in Al Ezz Dekheila Steel

Updated 5/8/2023 10:55:00 AM
Ezz Steel denies intentions to buy state’s stake in Al Ezz Dekheila Steel

Arab Finance: Ezz Steel (ESRS) announced that it has not submitted any offer to purchase the government's stake in its subsidiary Al Ezz Dekheila Steel Co – Alexandria (EZDK), according to a statement sent to the bourse on May 8th.

Earlier on May 7th, it was reported by Asharq Business that Ezz Steel was considering acquiring the government’s stake in Al Ezz Dekheila Steel.

Also, Al Ezz Dekheila Steel denied such claims.

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