Egypt’s CIB bank shares worth $911.5 million sold in block deal – EGX

Egypt’s largest private lender Commercial International Bank (CIB Egypt) saw a block deal of 340.09 million shares at $911.45 million, the country’s stock exchange (EGX) said on Tuesday.

Shares in the CIB traded at 44.00 Egyptian pounds, up 1.95 percent after the deal was struck.

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