Polyserve sells 413,283 shares of Nafico at EGP 396.8/share

Updated 6/11/2019 3:32:20 PM

ArabFinance: International Agricultural Products (IFAP) said on Tuesday that Polyserve for Agriculture and Food Industries Company decided to sell 413,283 of its shares in Nile for Agriculture and Food Industries (Nafico) at EGP 396.83 per share.

Moreover, the International Agricultural Products’ board mandated the financial advisor’s report, setting the fair value of Nafico at EGP 242.47 per share.