Orascom Investment withdraws acquisition offer of NILE Sugar

Tue, 09 Jul 2019 - 01:38 GMT

It also approved to grant a shareholder’s loan to its subsidiary Beltone Financial Holding amounting to $1.55 million.

Orascom Investment to acquire Nile Sugar by LE3.76B

Thu, 04 Apr 2019 - 12:10 GMT

Orascom Investment Holdings’ board of directors ratified the approval of the independent financial advisor’s report (BDO Financial Consultants), which has set the fair value of the share capital of Nile Sugar Company SAE at LE 2.84 per share.