CAIRO: Egyptian private equity firm Citadel Capital has appointed Citigroup Incas a financial adviser, Citadel said in a letter to the stock exchange on Tuesday.
"Citadel Capital appointed (on Monday) Citigroup Global Markets Ltd. as financial adviser to look into all the strategic alternatives available to the firm and to provide guidance on any possible acquisition offers," the letter said.
Citadel Capital said last month it was in possible buy-out talks with more than one potential strategic partner.
