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Thursday, 15 December 2016

Cleopatra Hospital to seek regulatory approval to acquire stake in Cairo Specialised Hospital

Cleopatra launches MTO to acquire outstanding shares in Cairo Specialised Hospital: Cleopatra Hospital Company announced yesterday that its board will seek regulatory approval for a mandatory tender offer to acquire 47.3% of Cairo Specialised Hospital at an offer price of EGP 110 per share, according to an emailed statement (pdf). Cleopatra is being advised by EFG Hermes Investment Banking and Zulficar & Partners is serving as legal counsel.

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