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| 7814 Subject |
بنك سوسيتيه جنرال الفرنسي بباريس يعرض لشراء اسهم البنك القومي سوسيتيه جنرال بالقاهرة Paris based Banque Societe Generale of France placing a public offering to buy 13,227,257 shares of the Cairo based National Societe Generale Bank at L.E. 54 per share (in a deal worth L.E. 714.3 million) |
| Date Published | Wednesday, January 19, 2005 |
| Source Name | Al-Akhbar |
| Location Name | Cairo |
| Description | Paris based Banque Societe Generale of France has placed a public offering to buy 13,227,257 shares of the Cairo based National Societe Generale Bank at L.E. 54 per share (in a deal worth L.E. 714.3 million). Offer is valid for 2 weeks from the above given publishing date. The French bank owns already 29,883,332 shares (54.33 % of its capital). Of the 13,227,257-shares targeted, 9,920,443 shares are owned by NBE - National Bank of Egypt. Broker of the buyer is HSBC Securities, with offices at 3 Abul Feda St., Zamalek, Cairo. |
| Sectors Section |
Beneficiary Sectors - Economy Economy |
