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Tuesday, 15 August 2017

Trading halted on Reacap pending Wadi Degla shareholder approval of merger

The bourse halted trading on Reacap Financial Investments’ shares yesterday pending shareholder’s approval of the company’s merger with Wadi Degla Co., a market release said. News of the merger was out earlier this month and it should be completed by year-end if approvals go through.

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