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News 2026-09-09 21:01 UTC

Coefficient SWVL Holdings buys 38.9% stake in Swvl and seats a director

Coefficient SWVL Holdings, LLC acquired a 38.9% stake in Swvl Holdings Corp’s ordinary shares. The securities purchase agreement closed on Sep. 1, 2026, and a Schedule 13D was filed on Sep. 09, 2026. Swvl appointed Managing Partner Abdalla Ali to its board under the agreement.