Arab Finance: Mansourah Poultry (MPCO) has received a purchase offer for its entire stake of 756,000 shares in Al Safwa Poultry at a price of EGP 13.23 per share, according to a statement filed to the Egyptian Exchange (EGX) on August 2^nd.

The total value of the purchase offer amounts to around EGP 10.001 million.

The offer was submitted by Ahmed Gomaa El-Desoky Attiya, including a cheque worth EGP 1 million.

Accordingly, the board of directors will discuss the offer in the upcoming meeting, and an independent financial advisor (IFA) will be appointed to set the fair value (FV) of Mansourah Poultry’s equity in Al Safwa Poultry.

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