On 17 December 2024, LPSO Holding Ltd („LPSO“), the primary holding company of the Sawiris family, the majority shareholder group of ODH, published a voluntary public tender offer for all publicly held shares of Orascom Development Holding AG (SIX: ODHN; „ODH“) at an offer price of CHF 5.60 per ODH share. The offer price marks a 40.7% premium over the volume-weighted average share price during the last 60 trading days prior to the publication of the offer. The offer is expected to settle in March 2025.