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4% of Eastern Tobacco to be offered on EGX: Badawi

State-owned Holding Company for Chemical Industries will offer 4% of its stake in Eastern Company on the Egyptian Exchange (EGX), Minister of Public Sector Affairs Khaled Badawi said in a statement on Monday. Badawi added that the offering is part of the government’s (initial public offering) IPO programme, aiming to increase state-owned companies’ base of …

Daily News Egypt

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