Arab Finance: A block-trading transaction has been executed on 35 million shares of Eastern Company at a value of EGP 875 million, the Egyptian Exchange (EGX) announced on November 11th.
Eastern Company is an Egypt-based company, which is engaged in manufacturing tobacco products.
The company’s product portfolio includes cigarettes, cigars, pipe tobacco, and molasses tobacco, as well as other related products such as cigarette filter rods and homogenized tobacco.