{"id":568610,"date":"2020-01-28T04:04:21","date_gmt":"2020-01-28T04:04:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/efg-hermes-advises-on-al-ezz-dekheila-steel-restructure\/"},"modified":"2020-01-28T04:04:21","modified_gmt":"2020-01-28T04:04:21","slug":"efg-hermes-advises-on-al-ezz-dekheila-steel-restructure","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/efg-hermes-advises-on-al-ezz-dekheila-steel-restructure\/","title":{"rendered":"EFG Hermes advises on Al Ezz Dekheila Steel restructure"},"content":{"rendered":"

EFG Hermes has successfully advised Al Ezz Dekheila Steel on its restructuring plan, the investment bank said in an emailed statement. The restructure involved the EGP 2 bn acquisition of Ezz Rolling Mills<\/a> and the USD 424 mn acquisition of Ezz Flat Steel. Al Ezz Dekheila made two mandatory tender offers to fully acquire Ezz Rolling Mills for EGP 23.07\/share, and purchase the remaining 56% stake in Ezz Flat Steel for USD 10.09\/share. The transaction was initially greenlit by the Financial Regulatory Authority back in November<\/a> and was implementedin December.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

EFG Hermes has successfully advised Al Ezz Dekheila Steel on its restructuring plan, the investment bank said in an emailed statement. The restructure involved the EGP 2 bn acquisition of Ezz Rolling Mills and the USD 424 mn acquisition of Ezz Flat Steel. Al Ezz Dekheila made two mandatory tender offers to fully acquire Ezz […]<\/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":[9315],"tags":[317,84,72,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-568610","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-commodities","tag-efg-hermes","tag-enterpriseam","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"ceb86bfe-5da5-4de8-a90b-49c24736be5d","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[568578],"teaser":"","voice_url":""},"yoast_head":"\nEFG Hermes advises on Al Ezz Dekheila Steel restructure - 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\/28\/efg-hermes-advises-on-al-ezz-dekheila-steel-restructure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EFG Hermes advises on Al Ezz Dekheila Steel restructure\" \/>\n<meta property=\"og:description\" content=\"EFG Hermes has successfully advised Al Ezz Dekheila Steel on its restructuring plan, the investment bank said in an emailed statement. The restructure involved the EGP 2 bn acquisition of Ezz Rolling Mills and the USD 424 mn acquisition of Ezz Flat Steel. Al Ezz Dekheila made two mandatory tender offers to fully acquire Ezz […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/efg-hermes-advises-on-al-ezz-dekheila-steel-restructure\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-28T04:04:21+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\/28\/efg-hermes-advises-on-al-ezz-dekheila-steel-restructure\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/efg-hermes-advises-on-al-ezz-dekheila-steel-restructure\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EFG Hermes advises on Al Ezz Dekheila Steel restructure\",\"datePublished\":\"2020-01-28T04:04:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/efg-hermes-advises-on-al-ezz-dekheila-steel-restructure\/\"},\"wordCount\":96,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"commodities\",\"EFG Hermes\",\"EnterpriseAM\",\"Other Business News of Note\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/efg-hermes-advises-on-al-ezz-dekheila-steel-restructure\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/efg-hermes-advises-on-al-ezz-dekheila-steel-restructure\/\",\"name\":\"EFG Hermes advises on Al Ezz Dekheila Steel restructure - 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Ezz Dekheila\u2019s mandatory tender offer (MTO) saw the company buying 100k ERM shares at EGP 23.07 apiece while the remaining 89.7\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":593102,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/18\/ezz-dekheila-steel-acquires-ezz-flat-steel-in-a-usd-356-07-mn-transaction\/","url_meta":{"origin":568610,"position":1},"title":"Ezz Dekheila Steel acquires Ezz Flat Steel in a USD 356.07 mn transaction","author":"enterpriseam admin","date":"18 November 2019","format":false,"excerpt":"M&A WATCH- Ezz Dekheila Steel acquires Ezz Flat Steel in a USD 356.07 mn transaction: Ezz Steel divested its full stake in Ezz Flat Steel, selling 35.3 mn shares to Ezz Dekheila Steel for USD 356.07 mn, according to a bourse disclosure (pdf). 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