{"id":556225,"date":"2021-10-17T03:58:17","date_gmt":"2021-10-17T03:58:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/"},"modified":"2021-10-17T03:58:17","modified_gmt":"2021-10-17T03:58:17","slug":"egytrans-walks-away-from-hauh-takeover-bid","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/","title":{"rendered":"Egytrans walks away from HAUH takeover bid"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Egytrans pulls the brakes on HAUH takeover:<\/strong> A potential reverse merger between Egytrans and Hassan Allam Utilities Holdings (HAUH) subsidiary Hassan Allam Utilities BV appears to have fallen through after the two sides failed to agree on a fair value, the transportation firm said in an <a href=\"https:\/\/ent.news\/2021\/10\/EGYtrans-14-10-2021.pdf\">EGX disclosure (pdf)<\/a>. The shelved agreement would have been key to Hassan Allam Utilities\u2019 expansion into transportation. Back <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/87cd18b5-f1ca-4e94-9556-be003f2311c5\">in March<\/a>, Egytrans had accepted an offer submitted by HA Utilities to acquire a controlling stake in the company via a share swap that would have seen Egytrans acquire 100% of HA Utilities BV in exchange for HAUH acquiring a 65% stake in Egytrans. HA Utilities BV <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bb8ca3a4-751d-45f5-b14d-b884824f2fb9\">had been valued<\/a> at EGP 721.5 mn in a fair value assessment by Grant Thornton, while Egytrans\u2019 shares were set at EGP 12.90 apiece, bringing its total value to EGP 414 mn.<\/p>\n<p><strong>It\u2019s unclear how the transaction subsequently fell apart, but Egytrans has had more than <\/strong><strong>one suitor: <\/strong>After opening talks with HAUH, Egytrans appeared to have attracted interest from Paradigm Logistics as well, but the potential Paradigm transaction <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/413a77fd-4a8c-4d18-ab0f-0584abca51bc\">fell through in May<\/a>. Paradigm was willing to pay EGP 460 mn \u2014 which was higher than the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bb8ca3a4-751d-45f5-b14d-b884824f2fb9\">EGP 414 mn HAUH had initially offered<\/a> \u2014 but the Financial Regulatory Authority (FRA) stepped in and broke up the party. Paradigm had proposed to swap its 72% stake in shipping company Ostool, in exchange for new shares in EgyTrans, but the FRA said the offer had no grounds since Paradigm apparently never completed its purchase of stake in Ostool and was still paying it off. Egytrans then returned to the negotiating table with HAUH, but it is unclear whether HAUH made changes to its bid.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egytrans pulls the brakes on HAUH takeover: A potential reverse merger between Egytrans and Hassan Allam Utilities Holdings (HAUH) subsidiary Hassan Allam Utilities BV appears to have fallen through after the two sides failed to agree on a fair value, the transportation firm said in an EGX disclosure (pdf). The shelved agreement would have been [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":556226,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7363],"tags":[1142,72,2560,890,7128],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-556225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch","tag-egytrans","tag-enterpriseam","tag-grant-thornton","tag-hassan-allam-holding","tag-ma-watch","wpautop","entry"],"acf":{"mongo_id":"d4f5650f-9d11-4c15-af59-1e29fc46bc64","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/10\/177.jpg","photo_position":"above","related_issue":[556215],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egytrans walks away from HAUH takeover bid - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egytrans walks away from HAUH takeover bid\" \/>\n<meta property=\"og:description\" content=\"Egytrans pulls the brakes on HAUH takeover: A potential reverse merger between Egytrans and Hassan Allam Utilities Holdings (HAUH) subsidiary Hassan Allam Utilities BV appears to have fallen through after the two sides failed to agree on a fair value, the transportation firm said in an EGX disclosure (pdf). The shelved agreement would have been [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-17T03:58:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/177.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egytrans walks away from HAUH takeover bid\",\"datePublished\":\"2021-10-17T03:58:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/\"},\"wordCount\":282,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/177.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EgyTrans\",\"EnterpriseAM\",\"Grant Thornton\",\"Hassan Allam Holding\",\"M&amp;A Watch\"],\"articleSection\":[\"M&amp;A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/\",\"name\":\"Egytrans walks away from HAUH takeover bid - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/177.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2021-10-17T03:58:17+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/177.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/177.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egytrans walks away from HAUH takeover bid\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Egytrans walks away from HAUH takeover bid - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/","og_locale":"en_US","og_type":"article","og_title":"Egytrans walks away from HAUH takeover bid","og_description":"Egytrans pulls the brakes on HAUH takeover: A potential reverse merger between Egytrans and Hassan Allam Utilities Holdings (HAUH) subsidiary Hassan Allam Utilities BV appears to have fallen through after the two sides failed to agree on a fair value, the transportation firm said in an EGX disclosure (pdf). The shelved agreement would have been [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-10-17T03:58:17+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/177.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Egytrans walks away from HAUH takeover bid","datePublished":"2021-10-17T03:58:17+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/"},"wordCount":282,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/177.jpg?fit=%2C&ssl=1","keywords":["EgyTrans","EnterpriseAM","Grant Thornton","Hassan Allam Holding","M&amp;A Watch"],"articleSection":["M&amp;A WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/","name":"Egytrans walks away from HAUH takeover bid - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/177.jpg?fit=%2C&ssl=1","datePublished":"2021-10-17T03:58:17+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/177.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/177.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/17\/egytrans-walks-away-from-hauh-takeover-bid\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Egytrans walks away from HAUH takeover bid"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/177.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/177.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/177.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":562534,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/27\/ha-utilities-is-one-step-closer-to-expanding-into-transport-with-egytrans-acquisition\/","url_meta":{"origin":556225,"position":0},"title":"HA Utilities is one step closer to expanding into transport with EgyTrans acquisition","author":"enterpriseam admin","date":"27 May 2021","format":false,"excerpt":"HA Utilities BV has been valued at EGP 721.5 mn in a fair value assessment from Grant Thornton, Egytrans\u2019 financial advisor, ahead of a potential reverse merger between the two companies, Egytrans said in an EGX disclosure (pdf). The report valued Egytrans\u2019 shares at EGP 12.90 apiece, bringing its total\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/251.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":565041,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/15\/egytrans-conditionally-approves-hassan-allam-utilities-purchase-offer\/","url_meta":{"origin":556225,"position":1},"title":"Egytrans conditionally approves Hassan Allam Utilities purchase offer","author":"enterpriseam admin","date":"15 March 2021","format":false,"excerpt":"Transport player Egytrans has conditionally accepted an offer submitted by HA Utilities Holding (HAUH) last week to acquire a controlling stake in the company via a reverse merger, the listed company said in a regulatory filing (pdf). The company\u2019s board \u201ccarefully reviewed the proposal and unanimously concluded that the proposal\u2026","rel":"","context":"In &quot;SPEED ROUND: M&amp;A WATCH&quot;","block_context":{"text":"SPEED ROUND: M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560755,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/hassan-allam-utilities-eyes-expansion-into-transport-through-ma\/","url_meta":{"origin":556225,"position":2},"title":"Hassan Allam Utilities eyes expansion into transport through M&#038;A","author":"enterpriseam admin","date":"11 March 2021","format":false,"excerpt":"HA Utilities Holding (HAUH) could soon expand into Egypt\u2019s transport and logistics sector after it submitted a non-binding offer to take a controlling stake in Egyptian transport player Egytrans via a share swap, the two companies said in separate statements here (pdf) and here (pdf).In detail: HAUH is eyeing a\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/169.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566103,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/27\/sale-of-egytrans-subsidiary-could-up-its-valuation\/","url_meta":{"origin":556225,"position":3},"title":"Sale of EgyTrans subsidiary could up its valuation","author":"enterpriseam admin","date":"27 May 2021","format":false,"excerpt":"Paradigm Logistics has offered to sell its 72% stake in shipping subsidiary Ostool to EgyTrans through a share swap transaction, Paradigm said in regulatory filing (pdf). The statement did not note how many shares Paradigm will own in Egytrans following the transaction. Paradigm valued EgyTrans\u2019 shares at EGP 14.7 apiece,\u2026","rel":"","context":"In &quot;SPEED ROUND: M&amp;A WATCH&quot;","block_context":{"text":"SPEED ROUND: M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":566145,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/31\/fra-pulls-the-brakes-on-egytrans-paradigm-logistics-partnership\/","url_meta":{"origin":556225,"position":4},"title":"FRA pulls the brakes on Egytrans, Paradigm Logistics partnership","author":"enterpriseam admin","date":"31 May 2021","format":false,"excerpt":"EgyTrans is once again happy with an acquisition offer from HA Utilities BV, after a separate, higher bid that had prompted it to rethink the sale was challenged by the Financial Regulatory Authority. The authority slammed the offer by Paradigm Logistics in a regulatory filing (pdf) today, saying the company\u2026","rel":"","context":"In &quot;SPEED ROUND: M&amp;A WATCH&quot;","block_context":{"text":"SPEED ROUND: M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/494.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":589920,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/11\/egytrans-shareholders-approve-nosco-takeover\/","url_meta":{"origin":556225,"position":5},"title":"Egytrans shareholders approve NOSCO takeover","author":"enterpriseam admin","date":"11 July 2023","format":false,"excerpt":"The acquisition is set to close in two to three months","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/370.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/556225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=556225"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/556225\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/556215"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/556226"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=556225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=556225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=556225"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=556225"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=556225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}