Intesa Sanpaolo

Egypt nears first major stake sale since devaluation: Bloomberg

Egypt nears first major stake sale since devaluation: Bloomberg

  • While details are being discussed within the bank, they remain confidential until the official announcement
  • Italian lender, which already owns 80 percent of the Egypt-based bank, will buy the remaining 20% and take complete ownership
By REEM WALID  - and - Donia Diaaeddine ·