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Prime Holding rejects deal to sell securities brokerage, custody unit

by Amwal Al Ghad English
Prime Holding

Egyptian investment bank, Prime Holding on Thursday rejected an offer to take over its unit, Prime Securities Brokerage and Custody.

In a bourse filling, Prime did not disclose any further details about the company’s name that made the offer nor the reasons behind the rejection except for saying the board saw it as unsuitable.

 

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