ArabFinance: Taleem Management Services, CI Capital Holding for Financial Investments’ subsidiary, will float its shares in early April, Alborsa News cited informed sources.
Taleem will offer its share between EGP 5.48 and EGP 6.02 per each, with a market cap worth of EGP 4 billion.
Earlier, the company intended to offer 347.7 million shares, representing 49%, in Nahda University in Beni Suef in the Egyptian Exchange.
In September 2019, CI Capital acquired 60% of Taleem at a value of EGP 1.2 billion.