Egy Edu Invest B.V. acquired 13.17% stake in Taaleem Management Services Company (CASE:TALM) from Sphinx Obelisk B.V. for approximately EGP 440 million on August 29, 2021. The transaction involved the sale of 96.15 million shares for EGP 4.59 per share. In related transactions, Sphinx Obelisk B.V. sold 7.07% or 51.62 million shares for EGP 236.97 million and 152.04 million shares for EGP 4.59 per share to Thebes B.V. for approximately EGP 700 million. Egy Edu Invest B.V. completed the acquisition of 13.17% stake in Taaleem Management Services Company (CASE:TALM) from Sphinx Obelisk B.V. on August 29, 2021.