bid
Molla said during a press conference held Wednesday at the Egypt Petroleum Show (EGYPS 2023) that details about the bid will be announced before the end of February.
The company said in a statement to the Egyptian Exchange (EGX) that the offer included a potential cash acquisition of a stake of not less than 51 percent of the issued company’s capital.
Sources told Egypt Today that 10 companies purchased the applications of the international gold exploration auction announced by Egypt earlier this year.
German builder Hochtief made a 17.1 billion euro bid for Spanish toll road operator Abertis on Wednesday, topping a rival offer from Italy's Atlantia.
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