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Nas raises stake in EgyFert to 51.5%. PLUS: Acciona + Development and Housing Company for Utilities
Nas was initially hoping to increase its stake to 90%
Nas raises its bid price for EgyFert 7% to EGP 102 apiece
The offer will now run through to the end of the trading session on Sunday, 1 June.
Madinet Masr wants to unveil its first project abroad this year — likely in KSA or UAE
PLUS- Edita Food Industries is mulling an expansion into Ivory Coast following a comprehensive study of promising markets
UAE’s NAS inches closer to becoming the majority shareholder of Egyfert
Shares are priced at EGP 95 apiece
Arla puts Domty acquisition bid on ice pending demerger clarity. PLUS: NAS Investment Holding + EgyFert, Eni, Cheiron Energy, Post for Investment, Neric, G3A
Domty plans to re-engage a potential offer for the spun-off dairy business — assuming due diligence checks out
Nas Investments makes 90% EgyFert acquisition bid official with MTO. PLUS: Heliopolis Housing, JA Solar + AMEA Power, Healthy, Elsewedy Electric, Misr Petroleum, Ezdehar, Robbiki Leather City
M&A- UAE-based Nas Investments Holding submitted a mandatory tender offer to acquire an additional 57.5% stake in EGX-listed fertilizers player…
UAE’s Nas Investment Holding wants to up its stake in EgyFert to 90%
Nas acquired a 32.5% stake in EgyFert back in October
Gov’t to offer private players 21 plots to set up hospitals. PLUS: News from Vantage Capital, Aleph Holding
The government wants to add 173k beds to the country’s residential capacity by 2030
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