All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Citadel falls after rights issue

Egyptian private equity firm Citadel Capital announced on Wednesday that its E£1.05bn ($176m) rights issue raised just E£438m following a 41.72% subscription. The stock promptly fell 5.5% to its lowest close ever of E£3.12.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree