Brief: EFG Holding Says Amazon Exercises Option To Acquire Direct Stake In Valu
22/06/2025 09:08
June 22 (Reuters) - EFG HOLDING COMPANY SAE HRHO.CA: ANNOUNCES AMAZON'S EXERCISE OF OPTION TO ACQUIRE DIRECT STAKE IN VALU AMAZON WILL ACQUIRE APPROX 3.95% OF VALU'S SHARES, OWNED BY AN INDIRECT SUBSIDIARY OF EFG HOLDING TRANSACTION WILL BE EXECUTED ON FIRST TRADING SESSION OF VALU SHARES ON EGX AT PRICE EGP 6.041 PER VALU SHARE THROUGH BLOCK TRADE POST EXECUTION OF THIS TRANSACTION AND COMPLETION OF DISTRIBUTION OF VALU SHARES TO EFG HOLDING SHAREHOLDERS, EFG HOLDING WILL CONTINUE TO OWN 67% OF VALU'S SHARES THROUGH ITS SUBSIDIARY, EFG FINANCE Further company coverage: HRHO.CA ((Reuters.Briefs@thomsonreuters.com;))