AD Ports Group has acquired a 19.328% equity stake in Alexandria Container & Cargo Handling Company (ALCN) from the Saudi Egyptian Investment Company (SEIC), a Public Investment Fund (PIF) entity, in a transaction valued at approximately EGP 13.2 billion. The deal marks a major step in AD Ports Group’s expansion strategy in Egypt and reinforces […] The post AD Ports Group acquires stake in Alexandria Container & Cargo Handling Company appeared first on Container News .