Emirati investor sets sights on 40% stake in Misr Life Insurance Company
Sources close to the matter indicate that an Emirati investor is looking to acquire 40% of Misr Life Insurance Company.
The buyer's name and financial details were not disclosed.
The initial offer involves the acquisition of 20% of Misr Life's capital. Under certain conditions, the stake could be raised to 40% after one year.
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Fri, 22/03/2024 - 08:46
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