Cairo – Mubasher: Beltone Financial Holding denied defining the value of acquiring 51% stake in New York-based brokerage firm, Auerbach Grayson.
Earlier, news reports stated that the deal value would stand at around EGP 350 million.
Beltone affirmed that the report of the independent financial advisor wasn’t finished yet.
Last June, Beltone signed a partnership agreement to acquire 51% of Auerbach Grayson.
