According to Al Alam El yom; chairman of Beltone Investments denied any negotiations to sell the company's stake in Medinet Nasr Housing, he added that Beltone considers its share in Medinet Nasr Housing a strategic investment and it is willing to fully acquire Medinet Nasr Housing in case there are any stakes offered.
According to the newspaper; Beltone is currently buying shares of Medinet Nasr Housing from the market and it aims to raise its stake to 33 % as it considers the current price level a good buy point.
