}

Holding Company refuses Black Caspian’s takeover bid for Alexandria Container

Updated 6/21/2026 10:30:00 AM
Holding Company refuses Black Caspian’s takeover bid for Alexandria Container

Arab Finance: Holding Company for Maritime and Land Transport refused to sell its shares in Alexandria Container and Cargo Handling Company to Black Caspian Logistics Holding Limited, according to a bourse disclosure.

The UAE-based company submitted its mandatory tender offer (MTO) to the Financial Regulatory Authority (FRA) to acquire a 90% stake in Alexandria Container.

In December 2025, Black Caspian announced its intention for the stake acquisition deal at an initial purchase price at EGP 22.99 per share.

 

 

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