Egypt’s Financial Regulator Receives QNB’s Tender Offer To Buy 100% Of NSGB Shares

By Yomna Yasser On Feb 10, 2013

Egypt’s financial regulator – the Egyptian Financial Supervisory Authority (EFSA) announced that an obligatory tender offer submitted by Qatar National Bank (QNB), according to Article no. 12 of the Executive Regulations of Law no. 95 for the year 1992, to buy up to 443,535,902 shares representing 100 % of National Societe Generale Bank – (NSGB) shares at LE 38.65 /share.