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CI Capital to invest USD equivalent of EGP 305M in Taleem Co.

CI Capital to invest USD equivalent of EGP 305M in Taleem Co.

ArabFinance:  CI Capital Holding for Financial Investments' (CICH) Board of Director (BoD) decided to invest the USD equivalent of EGP 305 million in order to acquire Spinx BV's stake in Taleem Company's capital.

CI Capital's BoD approved on April 24, 2019, acquisition of Sphinx BV's stake in Taleem's capital

It is worth mentioning that CI Capital's BoD ratified the fair value report of the Independent Financial Advisor for Taleem's shares. 

 

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