Qalaa Holdings concludes sale of MGM and UGC at a value of EGP828 million
Qalaa Holdings [CCAP.CA] has announced that its subsidiary, MENA Glass, has concluded the sale of the Misr Glass Manufacturing (MGM) and United Glass Company (UGC) to Middle East Glass Manufacturing Company at a value of EGP828 million. It is worth noting that Qalaa Holdings owns an effective stake of 15.2% in MGM and UGC. (Company disclosure)
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