Arab Banking Corporation submits offer to buy all shares of BLOM Bank – Egypt

EGYPT – The Arab Banking Corporation (ABC) has submitted an offer to buy up to 300 million shares representing 100% of the issued capital of BLOM Bank – Egypt at EGP 22.33 (US$1.42) per share. The Egyptian Exchange (EGX) also said that the validity period of the offer is 10 working days, starting from the day following the date of…

Read More