The Egyptian government owns 80% of Telecom Egypt's shares
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Egypt is offering to sell a 10% stake in state-controlled Telecom Egypt, sources with knowledge of the offer said on Monday.
The Egyptian government owns 80% of Telecom Egypt's shares, while the other 20% already trade on the Egyptian stock exchange. The sale is being managed by local investment banks CI Capital and Ahly Pharos, the sources added.
(Reporting by Patrick Werr; Editing by Kirsten Donovan)
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