VOL. XLII
No. 29
19-July-1999
EGYPT
Egypt Agrees Sale Of 20% Stake In Cairo Electricity Company
Egypt痴 Council of Ministers has agreed to sell 20% of theCairo Electricity Company by way of public offering before the end of August,according to an article in the Egyptian daily al-Ahram on 14 July. Egyptawarded Merrill Lynch and EFG-Hermes the mandate to lead manage the sale ofminority stakes in the country痴 seven state-owned power generation anddistribution companies, estimated to have a value of...
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