{"id":625400,"date":"2018-08-05T04:14:17","date_gmt":"2018-08-05T04:14:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/05\/giza-spinning-and-weaving-to-float-up-to-40-of-shares-in-november-ipo\/"},"modified":"2018-08-05T04:14:17","modified_gmt":"2018-08-05T04:14:17","slug":"giza-spinning-and-weaving-to-float-up-to-40-of-shares-in-november-ipo","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/05\/giza-spinning-and-weaving-to-float-up-to-40-of-shares-in-november-ipo\/","title":{"rendered":"Giza Spinning and Weaving to float up to 40% of shares in November IPO"},"content":{"rendered":"

<\/a> IPO WATCH- Giza Spinning and Weaving to float up to 40% of shares in November IPO:<\/strong> Privately-owned Giza Spinning & Weaving Company is planning to float as much as 40% of its shares on the EGX in an initial public offering in November, Co-CEO Fadel Marzouk told Bloomberg in an interview<\/a>. The company is set to start an international roadshow for the offering in October, visiting \u201cthe US, Europe, South Africa, and Gulf countries.\u201d Proceeds from the garment exporter\u2019s IPO will be used to finance a EGP 250 mn project to expand its yarn and garment production capacities as \u201cthe momentum is there and exports are rising year on year, so it\u2019s the right time to expand and grow our business and get investors into the company,\u201d said Marzouk. Beltone Financial<\/strong> will serve as global coordinator and bookrunner.<\/p>\n","protected":false},"excerpt":{"rendered":"

IPO WATCH- Giza Spinning and Weaving to float up to 40% of shares in November IPO: Privately-owned Giza Spinning & Weaving Company is planning to float as much as 40% of its shares on the EGX in an initial public offering in November, Co-CEO Fadel Marzouk told Bloomberg in an interview. The company is set […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-625400","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5cc6227f-9420-4f68-bb08-541dbc117cf8","order":"0","is_powered_by":true,"section_story_id":"29c7745c-3902-4022-a16f-86fd636c1a28","story_type":"1","photo_url":"","photo_position":"above","related_issue":[625392],"teaser":"","voice_url":""},"yoast_head":"\nGiza Spinning and Weaving to float up to 40% of shares in November IPO - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/05\/giza-spinning-and-weaving-to-float-up-to-40-of-shares-in-november-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Giza Spinning and Weaving to float up to 40% of shares in November IPO\" \/>\n<meta property=\"og:description\" content=\"IPO WATCH- Giza Spinning and Weaving to float up to 40% of shares in November IPO: Privately-owned Giza Spinning & Weaving Company is planning to float as much as 40% of its shares on the EGX in an initial public offering in November, Co-CEO Fadel Marzouk told Bloomberg in an interview. 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