IPO WATCH- Orthomedics Egypt eyes EGX listing by 2022: Prosthetics company Orthomedics Egypt is looking to offer 49% of its shares in an IPO on the EGX in 2022, Chairman Khaled El Deeb said at a presser yesterday, according to the local press. The IPO proceeds would be used to finance a planned EGP 20 mn factory in Katameya, the output from which would be earmarked for exports to Africa. No further details on the planned transaction were provided.

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