Raya Holding for Financial Investments announced the completion of transferring its full ownership in Astoul for Land Transport Company to a subsidiary of ASEC for Mining (ASCOM). This deal is valued at approximately EGP 641 million. The transaction involved selling around 77.94 million shares, representing Raya Group's entire stake in Astoul for Land Transport, at a price of EGP 8.224 per share. This move marks the end of Raya Group's investment in the company.
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