{"id":566959,"date":"2020-01-08T04:20:46","date_gmt":"2020-01-08T04:20:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/cbe-officials-to-meet-united-banks-sale-advisor\/"},"modified":"2020-01-08T04:20:46","modified_gmt":"2020-01-08T04:20:46","slug":"cbe-officials-to-meet-united-banks-sale-advisor","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/cbe-officials-to-meet-united-banks-sale-advisor\/","title":{"rendered":"CBE officials to meet United Bank\u2019s sale advisor"},"content":{"rendered":"

M&A WATCH-<\/strong> CBE officials to meet United Bank sale advisors:<\/strong> Central Bank of Egypt (CBE) officials will meet by the middle of this month with advisors from EFG Hermes and Evercore to plot out the sale of the United Bank, sources told the local press.<\/a> The CBE appointed EFG Hermes and New York-based Evercore to act as advisors on the sale of state-owned United Bank in November<\/a>. The report claims the central bank now wishes to fast-track the sale.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- CBE officials to meet United Bank sale advisors: Central Bank of Egypt (CBE) officials will meet by the middle of this month with advisors from EFG Hermes and Evercore to plot out the sale of the United Bank, sources told the local press. The CBE appointed EFG Hermes and New York-based Evercore to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[8572],"tags":[84,72,709,2380,4344,7193],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-566959","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-efg-hermes","tag-enterpriseam","tag-new-york","tag-speed-round","tag-state-owned","tag-united-bank","wpautop","entry"],"acf":{"mongo_id":"ea21c18f-5589-46db-bea7-e46374fab10d","is_powered_by":true,"section_story_id":"3549a01e-e9aa-4143-a349-f161cdbaac43","story_type":"1","photo_url":"","photo_position":"above","related_issue":[566938],"teaser":"","voice_url":""},"yoast_head":"\nCBE officials to meet United Bank\u2019s sale advisor - 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\/2020\/01\/08\/cbe-officials-to-meet-united-banks-sale-advisor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBE officials to meet United Bank\u2019s sale advisor\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- CBE officials to meet United Bank sale advisors: Central Bank of Egypt (CBE) officials will meet by the middle of this month with advisors from EFG Hermes and Evercore to plot out the sale of the United Bank, sources told the local press. The CBE appointed EFG Hermes and New York-based Evercore to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/cbe-officials-to-meet-united-banks-sale-advisor\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-08T04:20:46+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/cbe-officials-to-meet-united-banks-sale-advisor\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/cbe-officials-to-meet-united-banks-sale-advisor\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CBE officials to meet United Bank\u2019s sale advisor\",\"datePublished\":\"2020-01-08T04:20:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/cbe-officials-to-meet-united-banks-sale-advisor\/\"},\"wordCount\":89,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EFG Hermes\",\"EnterpriseAM\",\"New York\",\"SPEED ROUND\",\"State owned\",\"United Bank\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/cbe-officials-to-meet-united-banks-sale-advisor\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/cbe-officials-to-meet-united-banks-sale-advisor\/\",\"name\":\"CBE officials to meet United Bank\u2019s sale advisor - 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The EFG-Evercore consortium was the top pick from\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574386,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/08\/united-bank-sale-on-ice-until-covid-has-passed\/","url_meta":{"origin":566959,"position":2},"title":"United Bank sale on ice until covid has passed","author":"enterpriseam admin","date":"8 September 2020","format":false,"excerpt":"M&A WATCH- United Bank sale on ice until we fully emerge from pandemic: The sale of state-owned United Bank to a strategic investor has been postponed until the covid-19 pandemic has abated and a vaccine is found, Masrawy reports, citing unnamed banking sources. More than one investor had submitted offers,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593657,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/07\/egypts-united-bank-sale-moving-forward-amer-says\/","url_meta":{"origin":566959,"position":3},"title":"Egypt\u2019s United Bank sale moving forward, Amer says","author":"enterpriseam admin","date":"7 October 2019","format":false,"excerpt":"M&A WATCH- United Bank sale moving forward: The CBE has appointed one local and one foreign lead advisor on the expected sale of state-owned United Bank, which is \u201cmoving forward,\u201d CBE Governor Tarek Amer told reporters at a presser on Thursday, according to Reuters. 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EFG Hermes is joining forces with New York-based\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":578012,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/13\/saudi-sovereign-wealth-fund-could-finalize-united-bank-acquisition-this-year\/","url_meta":{"origin":566959,"position":5},"title":"Saudi sovereign wealth fund could finalize United Bank acquisition this year","author":"enterpriseam admin","date":"13 December 2022","format":false,"excerpt":"PIF could acquire United Bank this month for USD 600 mn: Saudi Arabia\u2019s sovereign wealth fund could acquire the state-owned United Bank for around USD 600 mn as soon as this month, Bloomberg reports, citing sources with knowledge of the matter. 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