Cairo – Mubasher: Cairo Three A Group made an initial offer to purchase Misr Capital Investments’ 42.96% ownership in the National Company for Maize Products.
The two parties have not reached an agreement over the value and terms of the potential deal, noting that the offer is non-binding, according to a bourse filing released on Tuesday.
Cairo Three A Group will submit a compulsory purchase offer to acquire an entire stake in the National Company for Maize Products in case an agreement is reached.