Al Ezz Dekhelia to buy 18% stake in Egyptian Steel for $159.2 million

Al Ezz Dekhelia Steel, a subsidiary of Ezz Steel, has secured regulatory approval to acquire an 18-percent stake in Egyptian Steel Company from Ahmed Abou Hashima for EGP 2.5 billion ($159.2 million).

“Egypt’s leading steel company, Al Ezz Dekhelia Steel, has secured regulatory approval to buy an 18-percent stake in the Egyptian Steel Company in a deal worth EGP2.5 billion ($159.2 million).”billionaires.africa

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• billionaires.africaEgyptian tycoon Ahmed Ezz to acquire stake in Abou Hashima’s Egyptian Steel for $159.2 millionMfonobong NseheDec 13, 2021

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