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Sale of 70 pct stake in Egypt's CI Capital to be finalised in hours -source
November 30, 2016 / 11:11 AM / 10 months ago

Sale of 70 pct stake in Egypt's CI Capital to be finalised in hours -source

CAIRO, Nov 30 (Reuters) - Egypt’s largest listed bank, CIB , is seeking to sell 70 percent of its investment banking arm CI Capital to local investors in a deal that is expected to be finalised “within hours”, a source familiar with the deal said on Wednesday.

The source gave no more details. (Reporting by Ehab Farouk; Writing by Lin Noueihed; Editing by Ahmed Aboulenein)

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