SODIC presents non-binding offer for acquisition of Orascom ...Egypt

Leading real estate developer SODIC submitted a preliminary EGP 2.46bn non-binding offer to acquire 100% of Orascom for Real Estate (ORE) — a subsidiary of Orascom Development Egypt (ODE). ORE owns a 4.2 million square meter plot in West Cairo on which it is currently developing its project O (...)

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