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Orascom Construction deal may be fully funded in cash

RIYADH: Orascom Construction’s acquisition of assets owned by other members of the Egyptian Sawiris family could be fully cash funded and will not not include a stock exchange option, two banking sources told CNBC Arabia. The deal is expected to be complete during the first quarter of 2022, the sources said. Companies to be acquired are fully owned by heirs of Onsi Sawiris, ....

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