Tawasol Holdings For Financial Investments offered to acquire remaining 74.08% stake in Alexandria New Medical Center (CASE:AMES) for approximately EGP 550 million on February 17, 2021. Under the terms, Tawasol Holdings will acquire 10.57 million shares at the price of EGP 38.09 per share. As on June 21, 2021, the offer includes the purchase of up to 10.575 million shares at EGP 52 per share to top up its stake to 100%. The transaction is subject to the approval of the Egyptian Financial Regulatory Authority.