Solb Misr in talks to sell its stake in ATAQA and Suez Steel
Solb Misr Group, the majority shareholder in Misr National Steel SAE (ATAQA) [ATQA], has announced that negotiations are currently being conducted for either a full or a partial exit of its stake in ATAQA. The source noted that the deal is not yet closed since Solb Misr is still in the negotiation phase. Additionally, Al Borsa Newspaper stated that Solb Misr might also be considering the divestment, either partially or fully, of its stake in Suez Company for Steel. (Company disclosure, Al Borsa)
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