Amer Holding Group announced that Sol Global Holding Limited, which is the largest shareholder has sold a 36.4% stake for about EGP 327 million.
Amer Group explained, in a statement sent to the Egyptian Exchange, that the deal was executed through 363.2 million shares, with an average price of EGP 0.9/share.
The stake of Sol Global in the Amer Group decreased from 36.4% to 0.18%.