January 14, 2019 / 10:26 AM / in 6 months

Egypt picks banks to manage sale of stakes in state-owned companies - official

Jan 14 (Reuters) - Egypt’s CI Capital and Renaissance Capital will manage the sale of an additional stake in state-owned Abu Qir Fertilizers, a government official said on Monday.

EFG Hermes and Citi will manage the sale of an additional stake in Alexandria Container and Cargo Handling, the official who spoke on condition of anonymity said. (Reporting by Ehab Farouk, writing by Lena Masri; Editing by Alison Williams)

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