IPO WATCH- The Egyptian Propylene & Polypropylene Company (EPPC) is expecting to rake in USD 300 mn from its planned IPO in 1Q2018, Karim Saada, country head of MENA private equity firm Amwal Al Khaleej, tells Daily News Egypt. EFG Hermes was tapped as the lead manager for the listing. The proceeds from the IPO should help EPPC expand production capacity at its petrochemicals plant to 600K tonnes annually from 290K tonnes.

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