Disclosure to EGX Regarding Signing Sale & Purchase Agreement for Rashidi El-Mizan
10 November 2015 Download
Qalaa Holdings (CCAP.CA on the Egyptian Exchange), an African leader in infrastructure and industry, announced today that its business unit Gozour has signed a sale and purchase agreement - with Saudi Arabia’s Olayan Financing Company and its subsidiaries - for the sale of 100% of confectioner Rashidi El-Mizan, for a total consideration (equity value) of EGP 518 million.