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ADQ Holding buys shares in 5 Egyptian companies for $1.8bn

CAIRO: ADQ Holding, one of Abu Dhabi’s sovereign funds, acquired stakes in five Egyptian companies with a total value of $1.8 billion through the block transaction mechanism, the Egyptian Stock Exchange revealed. The deal involved acquiring 21.5 percent of Abu Qir Fertilizers, 20 percent of MOPCO, 32 percent of Alexandria Container Handling, 17 percent of Commercial ....

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