October 1, 2019 / 4:15 PM / 21 days ago

Egypt's Pioneers Holding seeks to increase its stake in 5 subsidiaries

CAIRO, Oct 1 (Reuters) - Egypt’s Pioneers Holding Company for Financial Investments SAE seeks to increase its stake in five enlisted subsidiaries to 90%, the group said in a statement on Tuesday.

The group also started measures to divide itself into 3 companies, the statement added. (Reporting by Ehab Farouk; Writing by Mahmoud Mourad; Editing by Chizu Nomiyama)

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