ODE Sells 35.25% Stake in Subsidiary for Almost EGP 129 mn

• Tuesday, 15th December 2020
• by Invest Gate

Orascom Development Egypt (ODE) has signed off on selling a 35.25% stake in its subsidiary New City Housing and Development Company (NCHD), at a total cost of EGP 128.6 mn, in line with its strategic plans to rein ...