
AXA announced today that it had completed the acquisition of 100% of Commercial International Life Insurance Company (“CIL”), a leading Egyptian Life insurance player, for a cash consideration of EGP 763 million (or Euro 92 million).
1M | 3M | YTD | 1Y | 2Y |
+2.49% | +2.98% | +7.05% | +16.94% | +90.12% |
Value Traded (Mln EGP) 4,298.04 | Volume 1,222,049,380 |
Transactions 94,815 | Market Cap. (Bln EGP) 2,331.94 |
AXA announced today that it had completed the acquisition of 100% of Commercial International Life Insurance Company (“CIL”), a leading Egyptian Life insurance player, for a cash consideration of EGP 763 million (or Euro 92 million).
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of National Bank of Egypt SAE (NBE) and Egypt-based Commercial International Bank (CIB) at 'B'. The Outlooks on both Long-Term IDRs are Stable. Fitch has also affirmed Credit Agricole Egypt's (CAE) Support Rating at '4' and its National Long- and Short-Term Ratings at 'AA+(egy)' and 'F1+(egy)', respectively.
The Listing Committee held on 20/10/2015 has approved to list the shares of New Castle for Investment Sports Company (conditional listing), through its nominated advisor “EAGLE ADVISORS”.
Page 72 of 79