Telecom Egypt IPO annulment case postponed until May 2016
According to company disclosure, a court in Cairo has announced the postponement of Telecom Egypt’s (TE) [ETEL.CA] IPO annulment case until May 2016. (Company disclosure) Telecom Egypt: EGP7.91 as of 16 March 2016, Rating: Buy, FV: EGP12.21 per share, MCap: USD1,509 million, ETEL EY / ETEL.CA
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