Cleopatra Hospital Group’s second round of subscriptions for their capital increase closed out the entire amount, according to a regulatory filing. The EGP 700 mn capital increase was 99.8% subscribed in the initial phase announced on 10 December and now the full 1.4 bn shares have been picked up. Proceeds will be used to fund the acquisition of an EGP 600 mn hospital and to repay a EGP 100 mn loan.

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