Cairo – Mubasher: Alexandria Medical Services - Alexandria New Medical Center announced that Tawasol Holdings for Financial Investment expressed its interest to acquire 74.08% or 10.57 million shares in the company for EGP 38.09 apiece.

Tawasol plans to top up its 25.92% stake in the company to 100%, according to a bourse disclosure on Wednesday.

During the first nine months of 2020, Alexandria Medical Services achieved net profits of EGP 15.74 million, down from EGP 20.81 million in the corresponding period a year earlier.