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Banque du Caire is looking to raise as much as 24.25 billion Egyptian pounds ($454 million) via the sale of a 30% stake, in what would be the North African country’s largest initial public offering in years.

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Microsoft has pulled out of a UK data center deal with British neocloud Nscale at a critical time for the startup’s initial public offering hopes, the Telegraph reported.
Microsoft Corp. has pulled out of a UK data center deal with British neocloud Nscale at a critical time for the startup’s initial public offering hopes, the Telegraph reported.