Egypt's Qalaa says seeking to raise $300 mln through divestments

Reuters , Monday 16 Feb 2015

Qalaa Holdings, one of Egypt's largest investment companies, is seeking to raise $300 million over the medium term through divestments, the company said in a statement on Egypt's stock exchange.

Qalaa has some $9.5 billion in assets under management, including dozens of firms mainly in Egypt, east and north Africa.

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