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Rameda eyes EGP 2bn acquisition deals

Rameda eyes EGP 2bn acquisition deals
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Rameda
RMDA
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Cairo – Mubasher: Tenth of Ramadan for Pharmaceutical Industries and Diagnostic Reagents (Rameda) aims to invest EGP 2 billion in new drug acquisitions, according to a bourse disclosure.

Rameda also highlighted that the issued capital of its subsidiary, Glow, was initially determined as EGP 250,000. The paid-up capital stands at EGP 25,000, while the authorised capital is EGP 2.50 million.

Glow will reflect on the EGX-listed company’s statements for the period ending on 31 December 2025.