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BRIEF-EFG Holding Says Amazon Exercises Option To Acquire Direct Stake In Valu
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BRIEF-EFG Holding Says Amazon Exercises Option To Acquire Direct Stake In Valu
Jun 22, 2025 1:34 AM

June 22 (Reuters) - EFG HOLDING COMPANY SAE:

* ANNOUNCES AMAZON'S EXERCISE OF OPTION TO ACQUIRE DIRECT

STAKE IN

VALU

* AMAZON WILL ACQUIRE APPROX 3.95% OF VALU'S SHARES, OWNED

BY AN

INDIRECT SUBSIDIARY OF EFG HOLDING

* TRANSACTION WILL BE EXECUTED ON FIRST TRADING SESSION OF

VALU

SHARES ON EGX AT PRICE EGP 6.041 PER VALU SHARE THROUGH BLOCK

TRADE

* POST EXECUTION OF THIS TRANSACTION AND COMPLETION OF

DISTRIBUTION OF VALU SHARES TO EFG HOLDING SHAREHOLDERS, EFG

HOLDING WILL CONTINUE TO OWN 67% OF VALU'S SHARES THROUGH ITS

SUBSIDIARY, EFG FINANCE

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