AD Ports Group has acquired the Saudi Egyptian Investment Company’s 19.328 per cent stake in Alexandria Container and Cargo Handling Company in a transaction valued at about EGP 13.2 billion. The deal marks a step in the group’s plan to expand in Egypt and strengthen its presence in the Mediterranean trade corridor.
#ADPortsGroup #SEIC #Egypt #Alexandria #terminals #trade #acquisition #maritime #AlexandriaContainerCompany #Shipping
#ADPortsGroup #SEIC #Egypt #Alexandria #terminals #trade #acquisition #maritime #AlexandriaContainerCompany #Shipping
AD Ports Group has acquired the Saudi Egyptian Investment Company’s 19.328 per cent stake in Alexandria Container and Cargo Handling Company in a transaction valued at about EGP 13.2 billion. The deal marks a step in the group’s plan to expand in Egypt and strengthen its presence in the Mediterranean trade corridor.
#ADPortsGroup #SEIC #Egypt #Alexandria #terminals #trade #acquisition #maritime #AlexandriaContainerCompany #Shipping
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