Edition:
United Kingdom

Madinet Nasr Updates On Sodic Settlement Agreement of EGP 800 Mln


Sunday, 9 Dec 2018 

Dec 9 (Reuters) - MADINET NASR FOR HOUSING AND DEVELOPMENT ::UPDATES ON SODIC ANNOUNCEMENT REGARDING EGP 800 MILLION SETTLEMENT AGREEMENT.SAYS CO STILL INTERESTED TO COMPLETE DEAL WITH SODIC, WILL STUDY AND EVALUATE IMPACT OF THE SETTLEMENT ON SWAP FACTOR.SAYS SODIC SETTLEMENT HAS NO POTENTIAL IMPACT ON CO OR ITS FINANCIAL POSITION.