December 17, 2015 / 6:28 AM / 2 years ago

Orascom's Sawiris to make bid to acquire CI Capital - sources

CAIRO, Dec 17 (Reuters) - Orascom Telecom’s Neguib Sawiris is expected to make a 1 billion Egyptian pound ($127.7 million) bid to buy Egyptian investment bank CI Capital , sources close to the matter said on Thursday.

The is likely to be formally announced on Thursday, said the sources. ($1 = 7.8300 Egyptian pounds) (Reporting by Ehab Farouk; Editing by Gopakumar Warrier)

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