Egypt’s Arabian Cement Company to Start IPO Roadshow Next Week- CEO

Big 5

Egypt’s Arabian Cement Company plans to start an international roadshow next week to float between 22.5-30% of the company, its chief executive told Reuters on Monday.

“Our target is the 14th of May to start trading and I think 12th of May end of subscription but that may change … It depends on the result of the roadshow,” said Jose Maria Magrina.

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