B Investments in talks to sell 20% of stake in Total Egypt

Cairo – Mubasher: B Investments Holdings has started initial negotiations to sell 20% of its stake in Total Egypt.

The company’s total ownership in Total Egypt stands at 7.97%, according to a bourse disclosure on Tuesday.

It is noteworthy to mention that in 2019, B Investments Holdings achieved net profits of EGP 173.7 million, down from EGP 194.48 million in 2018.

Mubasher Contribution Time: 04-Aug-2020 10:31 (GMT)
Mubasher Last Update Time: 04-Aug-2020 10:33 (GMT)