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5-day change | 1st Jan Change | ||
| 16.23 EGP | -1.70% |
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-5.09% | -0.55% |
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| Apr. 23 | Corrected : Could the 10-Year Treasury Yield Go Back Up To 5%? | DJ |
CAIRO (Reuters) - EFG Holding, Egypt's biggest investment bank, said on Thursday it was considering partial initial public offerings and capital increases to new shareholders of some of its businesses, including financing platform Valu, as a way to maximise shareholder value.
Among options were partial IPOs or "increasing capital to new shareholders for some of its subsidiaries, particularly Valu," it said in a statement.
EFG Holding owns 94.96% of electronic financing and payments platform Valu, established in 2017, through a number of companies and subsidiaries, the company said.
(Reporting by Patrick Werr; editing by Jason Neely)
| 1st Jan change | Capi. | |
|---|---|---|
| -0.55% | 495M | |
| +10.84% | 147B | |
| +9.00% | 137B | |
| +21.81% | 120B | |
| -5.94% | 36.38B | |
| +9.29% | 25.26B | |
| -9.42% | 21.24B | |
| +17.00% | 19.89B | |
| +43.36% | 17.26B | |
| +11.73% | 16.69B |
EFG HOLDING COMPANY 
