EFG Hermes Executes Second IPO in Egypt this Year as Edita Food Industries Begins Trading Shares on EGX and London Stock Exchange

Heavily oversubscribed private and public offering sees leading snack food producer Edita start trading with market cap of EGP 6.7 billion, signaling renewed confidence in Egyptian equities. EFG Hermes acted as Joint Global Coordinator and Joint Bookrunner for the combined offering.