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Golden Pyramids scraps S Valley takeoverShareholders in Golden Pyramids Plaza, owner of the City-Stars mega-mall in Cairo, have rejected a share swap with South Valley Cement, putting an end to their planned merger, Golden Pyramids said on Sunday. "Most shareholders have no desi More… |
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South Valley readies $2.7bn to buy Cairo developerShareholders in Egypt's South Valley Cement have approved a 15 billion Egyptian pounds ($2.7 billion) capital increase to buy top developer Golden Pyramids Plaza. Golden Pyramids Plaza is the owner of the Citystars mega-mall in Cairo. More… |
