Home Mobinil to offer stake on bourse or to local partner in 2016
 

Keywords :   


Mobinil to offer stake on bourse or to local partner in 2016

2015-06-04 11:10:00| Telecompaper Headlines

(Telecompaper) French telecom operator Orange said Egyptian subsidiary Mobinil is planning to offer 10-15 percent of its stock on the Cairo bourse next year, or to sell the stake to a local partner. The group's CEO Stephane Richard also said at a news conference in the Egyptian capital Cairo that Orange will increase its stake in a Moroccan subsidiary to 49 percent from 40 percent, as part of plans to expand in North Africa, Reuters reported.

Tags: local offer partner stake

Category:Telecommunications

Latest from this category

All news

»
02.11Subtropical Storm Patty Update Statement
02.11Summary for Subtropical Storm Patty (AT2/AL172024)
02.11Atlantic Tropical Weather Outlook
02.11Eastern North Pacific Tropical Weather Outlook
02.11Weekly Recap: Nippon Paint, AkzoNobel, PPG Top This Weeks Stories
02.11Subtropical Storm Patty Graphics
02.11Subtropical Storm Patty Forecast Discussion Number 1
02.11Subtropical Storm Patty Wind Speed Probabilities Number 1
More »