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EGX executes Suez Cement’s MTO for Tourah

EGX executes Suez Cement’s MTO for Tourah

ArabFinance: The Egyptian Exchange (EGX) announced the execution of the mandatory tender offer (MTO) by Suez Cement Group to purchase the shares of Tourah Portland Cement Company, according to a November 26th statement.

The MTO included 13.23 million shares at a value of EGP 95.02 million, the EGX added.

The stock market earlier announced that the MTO started on October 15th.

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