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El Kahera El Watania set to sell Adiles stake for EGP 556 THD

El Kahera El Watania set to sell Adiles stake for EGP 556 THD
Abu Dhabi Islamic Bank
ADIB
-0.14% 21.25 -0.03
Assiut Islamic Trading
AITG
-96.42% 2.43 -27.48
El Kahera El Watania Investment said it is close to selling 100 thousand shares of Adiles Leasing to Abu Dhabi Islamic Bank – Egypt (ADIB) at EGP 5.56 each, totaling EGP 556 thousand.
The bank had earlier said the deal of purchasing 4119781 shares of Adiles which is owned by El Kahera El Watania and Assiut Islamic Trading, would be executed at EGP 5.56 a share, totaling EGP 22.905 million.