07.01.2010 - Global in stake sale talks with Egypt's AAIB
From Maktoob.com: Global Investment House said that it was in initial talks with Cairo-based Arab African International Bank (AAIB), to sell a stake in an investment in Egypt, but not as part of its debt settlement plan. Global, one of the country's biggest investment firms, reached a deal with creditors in December to reschedule $1.7 billion in debt, and entered into new three-year facilities with each of its 53 lending banks...........................................Full Article: Source
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