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Sunday, 4 February 2018

Prime Holding to manage EGP 500 mn IPO of education-focused company

IPO WATCH- Prime Holding to manage EGP 500 mn IPO of education-focused company: Prime Holding expects to take an education company public in an EGP 500 mn offering on the EGX before the end of 2018, Vice Chairman Mohamed Maher Aly said yesterday. Aly declined to name the company, but suggested there will be retail and institutional tranches to the offering, according to Al Masry Al Youm. Additional details on the size and timeline of the transaction were not disclosed.

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