Mercury gets regulator’s nod on Amoun buyout

Cairo – Mubasher: The Egyptian Exchange said Thursday that the Egyptian Financial Supervisory Authority (EFSA) gave the go-ahead for Mercury Cayman Holdings to submit a mandatory tender offer for Amoun Pharmaceutical Company.

Mercury is targeting 648,748 shares, or 0.24% to complete the 100% ownership in the company at EGP 27.99 per share.

 

Mubasher Contribution Time: 14-Jan-2016 13:40 (GMT)