BMI Bullish Food And Drink: Juhayna Private Offering 1.75 Times Oversubscribed

In a development that ties into our positive near-term view on the Egyptian economy and its food and drink (F&D) industry, the diversified Egyptian F&D company Juhayna has raised about EGP808mn (US$142.5mn) in a 1.75 times oversubscribed private share offering.

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