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Citadel Capital says Q1 net loss widens
CAIRO : Egyptian private equity firm Citadel Capital reported a first-quarter net loss of 114.2 million Egyptian pounds
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CAIRO: Egyptian private equity firm Citadel Capital reported a first-quarter net loss of 114.2 million Egyptian pounds ($19.2 million), the stock exchange said in a statement on Sunday.
The company made a net loss of 33.7 million pounds in the same three-month period a year earlier, the exchange said, without providing further details.
Citadel said last month it was in possible buy-out talks with more than one potential strategic partner.
Copyright Reuters, 2011
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