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LimeVest-Tawasol consortium amends MTO price of Alex NMC

LimeVest-Tawasol consortium amends MTO price of Alex NMC

Arab Finance: The Financial Regulatory Authority (FRA) has received a request from the consortium comprised LimeVest Partners and Tawasol Holdings to amend the offered price for the mandatory purchase offer (MTO) of Alexandria New Medical Center (Alex NMC) (AMES) to EGP 49 per share, instead of EGP 47.67, according to a statement filed to the Egyptian Exchange (EGX) on September 20th.

On September 19th, the FRA received a request from Emirates Advanced Investments to amend the offered price for the MTO of Alex NMC to EGP 48.62 per share.

Alex NMC is an Egypt-based public shareholding company engaged in the provision of medical diagnostic and treatment services in various medical fields.

The company focuses on hospital operations, which consists of a range of medical specializations, including gynecology, general surgery, and pediatrics, among others.

 

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