B Investments Sells 26M Gourmet Egypt Shares for $8.02M

1 Min Read

B Investments Holding has sold 26 million shares in Gourmet Egypt for $8.02M (EGP 416M), reducing its ownership in the premium grocery retailer to 33.5%.

The shares were sold at an average price of around EGP 16 each, according to a disclosure to the Egyptian Exchange dated September 22, 2026.

The transaction represents a partial reduction in B Investments’ stake rather than a full exit. The disclosure did not identify the buyer or explain how the proceeds will be used.

Gourmet Egypt’s operations and management were not reported to have changed בעקבות the sale. B Investments remains a substantial shareholder in the company, retaining continued financial exposure to the business.

Source: WAYA

Share This Article