Verto Holding acquired 90% stake in National Drilling Company (CASE:NDRL) from Ahmed Rashad Mohamed Rashad, Ahmed Rashad and Sherif Ahmed Rashad for approximately EGP 330 million ($21.1 million) on March 18, 2021. Verto Holding purchased 4.5 million shares worth $21.1 million (EGP 331.84 million), raising its stake to 90%. Ahmed Rashad Mohamed Rashad sold his entire stake of 89% while Ahmed Rashad and Sherif Ahmed Rashad sold their entire stakes of 0.005% each in National Drilling Company. Verto Holding completed the acquisition of 90% stake in National Drilling Company (CASE:NDRL) from Ahmed Rashad Mohamed Rashad, Ahmed Rashad and Sherif Ahmed Rashad on March 18, 2021.