Egypt's Beltone Capital to offer shares on stock exchange in Q4 2015

Reuters , Thursday 4 Jun 2015

Egypt's Beltone Private Equity will offer shares of Beltone Capital, which it manages, worth 1 billion Egyptian pounds ($131.06 million) on the Egyptian stock exchange in the last quarter of this year, a partner said on Thursday.

"The offering will take place in the final quarter of 2015 in order to raise 1 billion pounds of capital," said Sharif el-Akhdar, partner at Beltone Private Equity, a sister company of Beltone Financial.

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