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    ODHN — Orascom Development Holding AG News Story

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    Brief: Orascom Development: Free Float In Orascom Development Egypt Increased

    Picture of Orascom Development Holding AG logoOrascom Development Holding AG
    16/04/2018 06:09
    April 16 (Reuters) - ORASCOM DEVELOPMENT HOLDING AG
 ODHN.S :
    * FREE FLOAT IN EGYPTIAN SUBSIDIARY ORASCOM DEVELOPMENT
EGYPT
INCREASED THROUGH SALE OF SHARES TO STRATEGIC INVESTORS
    * ODH SUCCESSFULLY SOLD AROUND 18.2 MILLION SHARES OF
ORASCOM
DEVELOPMENT EGYPT
    * PROCEEDS OF SALE OF AROUND CHF 33.3 MILLION TO BE USED TO
FINANCE GROUP'S EXPANSION PLANS IN OMAN AND MONTENEGRO

Source text for Eikon:  ID:nEQm0BlFa 
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