Cairo – Mubasher: Global Telecom Holding (GTH) said it was unaware of any planned buy offer from VimpelCom for the company.
In reply to an inquiry from Cairo bourse, the company added denied having any information about the media reports that VimpelCom offered to buy GTH shares at EGP 2.3 each.
Meanwhile, VimpelCom spokesman said in a phone call with Mubasher that he has no comment on such rumours currently.
For his part, Sherif Ismail, Head of the Egyptian Financial Supervisory Authority (EFSA) said he is not informed of any potential buy offer for GTH shares.
GTH stock soared in Cairo bourse on Tuesday by 10% to EGP 1.76, after 12.1 million shares in the company were traded at a value reaching EGP 60.6 million.
