• Monday, 9 December 2019

    Titan Group agrees to launch MTO for 100% of Alexandria Cement

    M&A WATCH- Greek cement company Titan Group will launch a mandatory tender offer (MTO) for 100% of Alexandria Portland Cement “within days,” Alexandria Cement said in a bourse disclosure (pdf). Titan had acquired Alexandria Cement’s parent company, Alexandria Development, which...
  • Thursday, 28 November 2019

    Adeptio says FRA’s rejection of MTO for Americana Egypt “unjustifiable,” could resort to legal action

    M&A WATCH- Adeptio says FRA’s rejection of MTO for Americana Egypt “unjustifiable,” could resort to legal action: The Financial Regulatory Authority’s (FRA) rejection of Gulf investment outfit Adeptio’s mandatory tender offer (MTO) to acquire the Egyptian International Tourism Projects Company...
  • Sunday, 17 November 2019

    FRA is now studying Adeptio’s MTO offer to acquire Americana Egypt

    M&A WATCH- FRA begins review of Adeptio MTO for Americana acquisition: The Financial Regulatory Authority (FRA) is reviewing the mandatory tender offer (MTO) Adeptio has submitted to buy out minority shareholders in the Egyptian International Tourism Projects Company (Americana), according...
  • Tuesday, 12 November 2019

    Egypt’s Ezz Dekheila Steel launches MTO for Ezz Rolling Mills

    M&A WATCH- Ezz Dekheila launches MTO for Ezz Rolling Mills: Ezz Dekheila Steel presented yesterday a mandatory tender offer (MTO) to acquire 100% of Al Ezz Rolling Mills (ERM), according to a bourse disclosure. The MTO expires at the end...
  • Thursday, 8 August 2019

    Veon MTO for Global Telecom closes

    M&A WATCH- Veon MTO for Global Telecom closes: Global Telecom Holding’s (GTH) sale of 1.99 bn shares in a mandatory offer (MTO) launched by majority shareholder Veon to acquire 42.3% of the company is now complete and the MTO has...
  • Thursday, 25 July 2019

    Justice Ministry committee adjourns Raya case against FRA to 22 Sep

    DISPUTE WATCH- Raya’s case against the FRA adjourned to 22 September: The Justice Ministry’s dispute resolution committee has adjourned a case filed by Raya Holding’s Chairman Medhat Khalil against the Financial Regulatory Authority (FRA) to 22 September, sources close to...

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