ArabFinance: B Investments Holding’s (BINV) board approved the fair value (FV) study of its stock by BDO Egypt Consulting, set at EGP 202.1, according to a filing to the Egyptian Exchange on September 21st.
It is worth noting that the FV study is related to the binding offer received from Arabian Internet and Telecommunication Company (Solutions), a subsidiary of Saudi Telecom Company (STC), to acquire B Investments’ entire stake (indirect stake of 44.7%) in Giza Systems.