Cairo – Mubasher: The Commercial International Bank – Egypt (CIB) said Monday that it has sold 74.75% of its stake in its subsidiary CI Capital Holding for EGP 710.158 million.
The transaction was carried out by a number of non-related Egyptian and Gulf investors, according to a bourse filing.
The bank retained a minority stake of 25.24% of CI Capital Holding, valued at EGP 950 million.
