Egypt Orascom names BDO Corp Finance to evaluate Nile Sugar’s shares

By Amwal Al Ghad English On Sep 27, 2018

Egypt’s Orascom Investment Holding appointed BDO Corporate Finance to establish a fair share price for Egyptian refiner Nile Sugar Company before possible acquisition, Orascom said on Thursday.

Last week Orascom’s board gave initial approval to an investment committee proposal to acquire Nile Sugar.

Source: Reuters

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