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4-Traders Homepage  >  Equities  >  Nasdaq  >  Eastern Co    EML

EASTERN CO (EML)
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OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

Eastern : Three investment banks aim to manage Eastern Co’s IPO

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06/14/2018 | 11:38am EDT

Pharos Holding and Arab African Investment Holding are among the banks

Eastern Co EAST 0.89% 160.71 1.41

Cairo – Mubasher: Three banks are seeking to manage the sale of Chemical Industries Holding Co’s 4% stake in Eastern Coon the Egyptian Exchange (EGX).

Pharos Holding for Financial Investments and Arab African Investment Holding, a subsidiary of Arab African International Bank (AAIB) are among the banks, sources told Almal News.

Earlier this week, public enterprise minister Khaled Badawy said that Chemical Industries will launch a bid to select an investment bank to manage the sale.

Badawy noted that Eastern Co will offer an additional stake for sale on EGX this month following the Eid Al Fitr holiday to be the first firm to float additional shares in the government initial public offerings (IPO) programme.

Source: Mubasher

(c) All Rights Reserved - Mubasher Info 2005 - 2018 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Chart EASTERN CO
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Eastern Co Technical Analysis Chart | EML | US2763171046 | 4-Traders
Technical analysis trends EASTERN CO
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Managers
NameTitle
August M. Vlak President, Chief Executive Officer & Director
James Anthony Mitarotonda Chairman
John L. Sullivan Chief Financial Officer & Vice President
John Wigglesworth Everets Independent Director
Charles W. Henry Independent Director
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