Tuesday, May 30, 2023
BusinessNews Alert: Ethiopian Investment Holdings floats 75 percent stake on ESX

News Alert: Ethiopian Investment Holdings floats 75 percent stake on ESX

Ethiopian Investment Holdings (EIH) has confirmed that it has completed all the necessary preparations to sell a 75 percent stake on the Ethiopian Securities Exchange (ESX), with the remaining 25 percent to be owned by the government.
 
The announcement was made during a meeting held today at the Sheraton Addis Hotel, where the official commencement of the share sale was disclosed to potential investors.
 
Officials of the Holdings stated that a feasibility study has been completed and the required documents have been prepared for the sale of shares.
- Advertisement -

Subscribe

Popular

More like this
Related

Mass protests erupt over mosque demolitions

- Two deaths were reported   - Thirty-seven police personnel...

Kenya’s GMO plans disrupted, but Ethiopia pushes forward with testing

The Kenyan government's move to import Genetically Modified Organisms...

Dangote, Coca Cola among firms vying for Ethiopia’s sugar factories

Among the 20 companies interested in bidding for Ethiopia's...

Ethiopian $50m E-commerce to deliver global goods to African doorsteps

Ethiopian Airlines Group is set to launch a cutting-edge...