Saturday 23 August 2014

Egypt dairy may face action over price fixing

Egypt's anti-competitive watchdog said dairy and juice maker Juhayna and two other firms had violated competition laws and fixed prices of raw milk bought from farmers, the authority said on its website. The Egyptian Competition Author


Juhayna stock seen rising up to 18pc on debut

Shares in Egyptian dairy and juice maker Juhayna Food Industries may trade as much as 18 per cent above their IPO price on Tuesday, analysts said. They were sold in Egypt's first initial public offering for two years at EGP4.66 ($0.82) per


Juhayna IPO 6.8 times oversubscribed

A public share offer by Egyptian dairy and juice maker Juhayna Food Industries, worth 192 million Egyptian pounds ($34 million), was oversubscribed 6.8 times, the firm's financial adviser said. Mina Iskander of investment bank EFG-Herm


Egypt's Juhayna plans $204 million IPO

Egyptian dairy and juice maker Juhayna is offering 206 million shares at 5.64 Egyptian pounds ($1) each to raise 1.16 billion  pounds ($204 million), it said in an announcement published in a newspaper on Sunday.  The issue, Egyp

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