Egypt Kuwait Holding (EKH) announced the completion of the sale of its entire 63.39% stake in Delta Insurance to Morocco’s Wafa Assurance, under the latter’s mandatory tender offer. In a statement to the Egyptian Exchange (EGX) on Sunday, EKH said the transaction was executed at EGP 40 per share, bringing the total deal value to [...]The post Egypt Kuwait Holding sells 63.4% stake in Delta Insurance to Morocco’s Wafa Assurance for EGP 3.17bn first appeared on Dailynewsegypt.
Egypt Kuwait Holding sells 63.4% stake in Delta Insurance to Morocco’s Wafa Assurance for EGP 3.17bn
