Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: GlobalData
$125.00
Provider: GlobalData
$207.00
Provider: GlobalData
$207.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Egyptian Resorts Co SAE signs MOU with Orascom Hotels and Development SAE to acquire assets for 900 million Egyptian pounds


Saturday, 24 May 2014 08:00pm EDT 

Egyptian Resorts Co SAE:Announces that it has signed a memorandum of understanding (MOU) with Orascom Hotels and Development SAE (OHD) to acquire assets for 900 million Egyptian pounds.These acquisitions will be financed through a capital increase at 1.90 - 2.10 Egyptian pounds per share.The company plans to acquire OHD majority stakes in three to four hotels. 

Company Quote

21.5
0.0 +0.00%
26 Oct 2011