Egypt-based private equity firm B Investments’ board has accepted a binding offer for the acquisition of its entire stake (economic interest of 44.7%) in Giza Systems by internet and telecommunication company Solutions by STC, a subsidiary of Saudi Telecommunication Company (STC).
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Egypt: B Investments to exit Giza Systems
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Egypt-based private equity firm B Investments’ board has accepted a binding offer for the acquisition of its entire stake (economic interest of 44.7%) in Giza Systems by internet and telecommunication company Solutions by STC, a subsidiary of Saudi Telecommunication Company (STC).