UPDATE 1-Egypt's Edita public offering 4.5 times oversubscribed

March 31, 2015 1:35 PM

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CAIRO, March 31 (Reuters) - The public tranche of Egyptian foodmaker Edita's secondary share issue on the Cairo bourse was 4.5 times oversubscribed, the company said in a statement on the stock exchange on Tuesday.

The company launched a private institutional offering of shares on the Egyptian stock exchange (EGX) and global depository receipts (GDRs) on the London Stock Exchange last Friday. ID:nL6N0WT3RR]

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