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Gibson Dunn says it advised MNT-Halan and its selling shareholder on an Egyptian IPO
Gibson Dunn said it advised MNT-Halan and selling shareholder MNT Investments on MNT-Halan’s initial public offering and Egyptian Exchange listing. The firm said trading began on October 20 under HALN.CA, following an offering of 320 million existing shares representing 20% of the company’s issued capital.
Key points
- The firm said the offer price was EGP 24.50 per share.Gibson Dunn
- Gibson Dunn said 272 million shares went to the institutional placement and 48 million to the Egyptian public offering.Gibson Dunn
- The firm said the retail tranche was 43.6 times oversubscribed.Gibson Dunn
- Gibson Dunn identified Marwan Elaraby and Jade Chu as partners on its team.Gibson Dunn