Helikon Fund Acquires 6.89% Stake in Banque du Caire
Helikon Long Short Equity Fund Master ICAV bought 1.050 billion shares for EGP 5.567 billion at an average EGP 5.30 per share, according to a bourse disclosure.
By Staff WriterArab Finance: Helikon Long Short Equity Fund Master ICAV acquired a 6.89% stake in Banque du Caire for EGP 5.567 billion, according to a bourse disclosure.The fund purchased 1.050 billion shares in the recently listed bank at an average price of EGP 5.30 per share.Commercial Internat…