Cairo – Mubasher: Amer Group said Tuesday that its board of directors has approved to hire First Investment as a financial advisor to set the fair value (FV) of the entire shares of Amer’s subsidiary, Total Facilities Management.
Likewise, Porto Holding has hired Unispect BV Company as a financial advisor to set the fair value of the entire stake of Amer’s subsidiary, according to bourse statements.
Amer Group will sell all shares of Total Facilities Management to Porto Holding, in accordance with the resolutions of the extraordinary general meeting (EGM) held last Saturday.
