Pioneers Holding tap FACT financial advisors to conduct fair value assessment

M&A WATCH- Pioneers Holding tap FACT financial advisors to conduct fair value assessment: Pioneers Holding has tapped Financial Advice Corporate Transactions (FACT) to conduct a financial evaluation of the company’s subsidiaries ahead of a mandatory tender offer (MTO) in the works since October, according to an EGX disclosure (pdf). The new appointment comes after Pioneers’ former advisor, Fincorp, was handed a three-month suspension by the Financial Regulatory Authority last week over an unrelated dispute.