Thebes B.V. acquired a 20.82% stake in Taaleem Management Services Company (CASE:TALM) from Sphinx Obelisk B.V. for approximately EGP 700 million on August 29, 2021. The transaction involved the sale of 152.04 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 13.17% or 96.15 million shares to EGY EDU Invest B.V. for approximately EGP 440 million. Thebes B.V. completed the acquisition of a 20.82% stake in Taaleem Management Services Company (CASE:TALM) from Sphinx Obelisk B.V. on August 29, 2021.