Cairo – Mubasher: Beltone Financial Holding is currently awaiting approval of US regulatory authorities for selling its US subsidiary Auerbach Grayson & Company, according to a bourse disclosure on Monday.
In April, Beltone, along with other investors, signed an agreement to sell Auerbach Grayson & Company.
It is worth mentioning that during the first quarter of 2020, the company suffered net losses of EGP 8.44 million, down from EGP 33.3 million in the corresponding period a year earlier.
