Cairo – Mubasher: Misr Capital Investments said Thursday that it has signed a memorandum of understanding (MoU) with Switzerland's ADM International to sell its 42.96% stake in the National Company for Maize Products.
The MoU is a preliminary step and non-binding on the two parties, according to a bourse filing.
In case of reaching an agreement, ADM International will submit a compulsory purchase offer to acquire an entire stake in the company.
