Cairo - Mubasher: The Egyptian Exchange (EGX) on Monday announced the acquisition of 6.36 million shares in Minapharm Pharmaceuticals in a block-trading transaction.
The deal has a total value of EGP 1.27 billion.
Block-trading transactions involve the buying or selling of large quantities of securities, typically stocks, in a single transaction.
Block trades are often conducted outside of the open market through private negotiations to maintain confidentiality and minimise market disruption.
