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Egypt rejects what it calls a “fantastic” Emirati offer
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Egypt rejects what it calls a “fantastic” Emirati offer
Egypt’s Holding Company for Maritime and Land Transport, a state-owned firm, announced its firm rejection of any offer aimed at selling its stake in Alexandria Container and Cargo Handling Company (ACCHC). The Egyptian company’s decision came after Black Caspian Logistics Holding Limited, a UAE logistics services provider and a subsidiary of Abu Dhabi Ports Group, said it intends to submit a potential mandatory purchase offer at 22.99 Egyptian p…
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