Cairo – Mubasher: The Commercial International Bank (CIB) in the middle of talks with group of local investors to sell 70% of its brokerage firm – CI Capital at a price higher than the one offered at “Beltone – Orascom Telecom media” deal, said CI Capital CEO Mahmoud Atallah.
“The investors group are expected to sign a preliminary agreement next Sunday,” said Atallah in exclusive statement to Mubasher.
“The market value of CI Capital currently stands near EGP 1 billion,” noted Atallah.