Misr Life to offer 25% stake in an IPO

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Misr Life InsuranceMisr Insurance Holding Company (MIHD) is planning to list 25% of the capital of its life subsidiary Misr Life Insurance on the stock exchange.

This operation, which will take place in 2022, is part of the government's privatization program. It aims at selling stakes in state-owned companies to attract more investors to the stock market.

Read also | Egyptian insurance market

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Mon, 05/07/2021 - 11:28
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