Investors to buy 20-25% stake in Ostoul Capital Group

M&A WATCH- Gulf investors are acquiring as much as 25% of Ostoul Capital Groupunder a planned capital increase, CEO Ali Al Ghannam told Al Mal. Funds from the EGP 50 mn capital increase will allow the firm to grow its brokerage arm, Al Ghannam said, adding that Ostoul is exploring potential investments in the health and education sectors.