Speed Round

Pioneers Holding to invest EGP 3 bn through its subsidiaries in 2020

by enterpriseam adminEgypt Edition16 January 2020

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INVESTMENT WATCH- Pioneers Holding plans to invest EGP 3 bn through its subsidiaries by the end of this year, according to the local press. It remains unclear what these investments will be used for. Pioneers had submitted a mandatory tender offer (MTO) for a 90% stake in five of its subsidiaries listed on the stock exchange.

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