IPO WATCH- Misr Italia is moving forward with previously communicated plans to list its shares on the EGX, the company said, according to Al Masry Al Youm, denying reports it plans to postpone the move. Misr Italia had said in April that it is looking to list 20-25% of its shares “sometime in May,” but no news about the listing has emerged since. Beltone Financial has been tapped to manage the IPO.

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