Actis, the private equity firm, sold 50% of its stake in Egypt's Edita Food Industries (EFID.CA), equivalent to 7% of the company's shares, on 30 May 2016 to foreign investment funds, according to a Reuters article. The c50.7mn shares were sold for more than EGP900mn, the article added. (Reuters) Edita Food Industries: EGP17.85 as of 31 May 2016, Rating: Neutral, FV: EGP16.50 per share, MCap: USD1,458 million, EFID EY / EFID.CA
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