Between 1991 and 2009, the Egyptian government implemented a program of privatization regarding its public business sector companies via different means of offerings. Helwan Portland Cement went through public offering with 52 percent of the share and proceeds of around 1.2 billion Egyptian pounds (76.8 million U.S. dollars). Moreover, as of late 2009 and early 2010, the company delisted the shares, buying them back from the shareholders. Ameriyah Cement, Pachin, and Industrial & Engineering projects generated proceeds of 768 million Egyptian pounds (49.07 million U.S. dollars), 692 million Egyptian pounds (44.21 million U.S. dollars), and 299 million Egyptian pounds (19.1 million U.S. dollars), respectively. It is worth noting that other privatized companies went through public offering generating close to 3.1 billion Egyptian pounds (198 million U.S. dollars).
Total proceeds of privatized companies through majority public offering in Egypt between 1991 and 2009
(in million Egyptian pounds)
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LYNX Advisors. (May 30, 2021). Total proceeds of privatized companies through majority public offering in Egypt between 1991 and 2009 (in million Egyptian pounds) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1244582/total-proceeds-of-privatized-companies-through-majority-public-offering-in-egypt/
LYNX Advisors. "Total proceeds of privatized companies through majority public offering in Egypt between 1991 and 2009 (in million Egyptian pounds)." Chart. May 30, 2021. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1244582/total-proceeds-of-privatized-companies-through-majority-public-offering-in-egypt/
LYNX Advisors. (2021). Total proceeds of privatized companies through majority public offering in Egypt between 1991 and 2009 (in million Egyptian pounds). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1244582/total-proceeds-of-privatized-companies-through-majority-public-offering-in-egypt/
LYNX Advisors. "Total Proceeds of Privatized Companies through Majority Public Offering in Egypt between 1991 and 2009 (in Million Egyptian Pounds)." Statista, Statista Inc., 30 May 2021, https://www.statista.com/statistics/1244582/total-proceeds-of-privatized-companies-through-majority-public-offering-in-egypt/
LYNX Advisors, Total proceeds of privatized companies through majority public offering in Egypt between 1991 and 2009 (in million Egyptian pounds) Statista, https://www.statista.com/statistics/1244582/total-proceeds-of-privatized-companies-through-majority-public-offering-in-egypt/ (last visited December 03, 2024)
Total proceeds of privatized companies through majority public offering in Egypt between 1991 and 2009 (in million Egyptian pounds) [Graph], LYNX Advisors, May 30, 2021. [Online]. Available: https://www.statista.com/statistics/1244582/total-proceeds-of-privatized-companies-through-majority-public-offering-in-egypt/
