MNT-Halan plans Egypt’s biggest IPO since 2021 at $149m
RIYADH: Egyptian fintech unicorn MNT-Halan is planning a 7.84 billion Egyptian pound ($149 million) initial public offering, making it the country’s largest IPO since 2021. MNT Tech Holding, the Egyptian business of MNT-Halan, has set its IPO price at 24.50 Egyptian pounds per share, with 320 million shares, or about 20 percent of its issued share capital, being offered. The offering will be split into two tranches: 48 million shares for the public offering and up to 272 million shares for the
Source: Arab News