Arab Finance: The Financial Regulatory Authority (FRA) has approved a request submitted by a consortium made up of Toma for Commercial and Industrial Investments and Maged Samir Toma Thomas on amending the price of their preliminary mandatory tender offer (MTO) submitted earlier for 46.9%, or 838.138 million shares, Dice Sport and Casual Wear, a statement showed.
Accordingly, the MTO price has been upped from EGP 0.65 per share to EGP 0.80 per share.