ArabFinance: Tripartite Foundation for Manufacturing and Trading/United Bank sold 452,000 shares in El Nasr For Manufacturing Agricultural Crops (ELNA) for an average price of EGP 34.17 per share, according to a filing to the Egyptian Exchange (EGX).
As a result, Tripartite Foundation for Manufacturing and Trading/ United Bank’s stake in the company has been reduced to 3.576% from 9.323%.
El Nasr for Manufacturing is an Egypt-based public shareholding company that operates in the food processing sector. It is primarily engaged in the dehydration, distribution, and export of agricultural crops, including onions and other vegetables. The company is also engaged in the manufacture and export of dehydrating equipment and machinery.