Cairo – Mubasher: Misr National Steel (Ataqa) said the independent financial advisor, Professional for Financial Consultation Company, has set the fair value of its stocks between EGP 10.41 and EGP 11.58 per share.
Ataqa also stated that its board of directors has approved the mandatory tender offer submitted by El Wehda for Industrial Development at EGP 11 per share.
Earlier, El Wehda submitted an offer to acquire 30 million shares representing 100% of Misr National Steel Company’s capital, at EGP 11 per share.
