Target cuts stake in Dice to 9.2%
Tuesday 05/January/2021 - 04:18 PM
Target Real Estate Investment sold 4,392,709 shares in Dice Sport and Casual Wear at a total value of EGP 7,626,365, according to a January 4th disclosure.
The average price of the deal stood at EGP 1.7361 per share.
Target currently owns 9.2024% stake in Dice, compared with the previous 10.0312%.
Beltone acted as the broker for this purchase transaction.
The Egyptian Saudi Insurance House recently decreased its equity from 10% to 6.92% in the listed firm.
Dice is an Egypt-based company engaged in the casual wear garments and textile industry.
The company manufactures and distributes ready-made casual wear made of pure and mixed cotton, polyester, and viscose fabrics in different types, as well as other knitting products.
