{"id":568712,"date":"2020-02-02T04:32:02","date_gmt":"2020-02-02T04:32:02","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/pioneers-holding-tap-fact-financial-advisors-to-conduct-fair-value-assessment\/"},"modified":"2020-02-02T04:32:02","modified_gmt":"2020-02-02T04:32:02","slug":"pioneers-holding-tap-fact-financial-advisors-to-conduct-fair-value-assessment","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/pioneers-holding-tap-fact-financial-advisors-to-conduct-fair-value-assessment\/","title":{"rendered":"Pioneers Holding tap FACT financial advisors to conduct fair value assessment"},"content":{"rendered":"<p><strong>M&A WATCH- Pio<\/strong><strong>neers Holding tap FACT financial advisors to conduct fair value <\/strong><strong>assessment: <\/strong>Pioneers Holding has tapped <a href=\"http:\/\/www.fact-eg.com\/\">Financial Advice Corporate Transactions (FACT)<\/a> to conduct a financial evaluation of the company\u2019s subsidiaries ahead of <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/23\/pioneers-holding-hires-fincorp-to-prepare-a-fair-value-study-for-its-shares-and-five-subsidiaries\/\">a mandatory tender offer (MTO)<\/a> in the works since October, according to an <a href=\"https:\/\/www.egx.com.eg\/downloads\/News\/%d8%a8%d8%a7%d9%8a%d9%88%d9%86%d9%8a%d8%b1%d8%b2%20%d8%a8%d9%8a%d8%a7%d9%86%2029-1-2020.pdf\">EGX disclosure (pdf)<\/a>. The new appointment comes after Pioneers\u2019 former advisor, Fincorp, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/90c5fe3a-1854-4dfd-926f-d60286d98fd7\">was handed a three-month suspension<\/a> by the Financial Regulatory Authority last week over an unrelated dispute.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;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\u2019s 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\u2019 [&hellip;]<\/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":[68,72,4391,7128,3307,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-568712","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-egx","tag-enterpriseam","tag-fincorp","tag-ma-watch","tag-pioneers-holding","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5c9ab4a1-b0d3-405a-aad8-ce2ce293cbcd","is_powered_by":true,"section_story_id":"e3e1b02a-ace4-4ef7-b2cb-0c4e702e300a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[568696],"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>Pioneers Holding tap FACT financial advisors to conduct fair value assessment - 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\/02\/02\/pioneers-holding-tap-fact-financial-advisors-to-conduct-fair-value-assessment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pioneers Holding tap FACT financial advisors to conduct fair value assessment\" \/>\n<meta property=\"og:description\" content=\"M&amp;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\u2019s 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\u2019 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/pioneers-holding-tap-fact-financial-advisors-to-conduct-fair-value-assessment\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-02T04:32:02+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\/02\/02\/pioneers-holding-tap-fact-financial-advisors-to-conduct-fair-value-assessment\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/pioneers-holding-tap-fact-financial-advisors-to-conduct-fair-value-assessment\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Pioneers Holding tap FACT financial advisors to conduct fair value assessment\",\"datePublished\":\"2020-02-02T04:32:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/pioneers-holding-tap-fact-financial-advisors-to-conduct-fair-value-assessment\/\"},\"wordCount\":88,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EGX\",\"EnterpriseAM\",\"Fincorp\",\"M&amp;A Watch\",\"Pioneers Holding\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/pioneers-holding-tap-fact-financial-advisors-to-conduct-fair-value-assessment\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/pioneers-holding-tap-fact-financial-advisors-to-conduct-fair-value-assessment\/\",\"name\":\"Pioneers Holding tap FACT financial advisors to conduct fair value assessment - 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30-day extension to submit its mandatory tender offer (MTO) for five of its subsidiaries to appoint a new independent financial advisor\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":594229,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/pioneers-holding-hires-fincorp-to-prepare-a-fair-value-study-for-its-shares-and-five-subsidiaries\/","url_meta":{"origin":568712,"position":1},"title":"Pioneers Holding hires Fincorp to prepare a fair value study for its shares and five subsidiaries","author":"enterpriseam admin","date":"23 October 2019","format":false,"excerpt":"M&A WATCH- Pioneers Holding hires Fincorp to prepare a FV for its five-way MTO: Pioneers Holding has hired Fincorp to prepare a fair value study for its shares and five of its subsidiaries as a prelude to acquiring new stakes in them, the company said in a disclosure to the\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":567425,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/22\/pioneers-holding-gets-30-day-mto-extension-from-fra\/","url_meta":{"origin":568712,"position":2},"title":"Pioneers Holding gets 30-day MTO extension from FRA","author":"enterpriseam admin","date":"22 January 2020","format":false,"excerpt":"M&A WATCH- Pioneers Holding gets 30-day MTO extension from FRA: The Financial Regulatory Authority (FRA) has approved a request by Pioneers Holding to extend its mandatory tender offer (MTO) submission deadline by 30 days to give it time to hire a new financial 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The subsidiaries are El Giza General Co. For Contracting\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":590649,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/30\/fra-extends-the-deadline-of-pioneers-holding-to-present-its-mto-to-ten-days\/","url_meta":{"origin":568712,"position":4},"title":"FRA extends the deadline of Pioneers Holding to present its MTO to ten days","author":"enterpriseam admin","date":"30 December 2019","format":false,"excerpt":"M&A WATCH- FRA grants Pioneers Holding 10-day extension for MTO: The Financial Regulatory Authority (FRA) has extended by 10 business days Pioneers Holding\u2019s deadline to present its mandatory tender offer (MTO) to raise its share in five of its EGX-listed subsidiaries to 90%, the FRA said in a statement (pdf).\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":569872,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/10\/pioneers-holding-to-move-ahead-with-five-way-mto-after-lowering-share-price\/","url_meta":{"origin":568712,"position":5},"title":"Pioneers Holding to move ahead with five-way MTO after lowering share price","author":"enterpriseam admin","date":"10 March 2020","format":false,"excerpt":"M&A WATCH- Pioneers Holding to move ahead with its five-way MTO after lowering share swap price: Pioneers Holding has decided to proceed with acquiring new stakes in five of its subsidiaries despite the Financial Regulatory Authority (FRA) requesting that it lower the share prices from the valuation submitted earlier this\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/568712","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=568712"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/568712\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/568696"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=568712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=568712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=568712"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=568712"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=568712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}