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13 Dec
09:41

Egypt's EZZ Steel continues to grow by acquisition

Ezz Steel’s subsidiary, Al-Ezz Dekheila Steel Company Alexandria (EZDK), has approved a plan to acquire 18% of Egyptian Steel Group for Management of Steel Plant Projects Company (Egyptian Steel) belonging to founding partner of the company, Ahmed Hamdi Abu Hashima, according to a borse filing seen by Kallanish. Last week during the week the rumors of the move were spreading, verified by an official announcement after the board of director’s meet…
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