{"id":571637,"date":"2020-05-19T03:59:53","date_gmt":"2020-05-19T03:59:53","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/19\/bitumode-agrees-to-share-price-in-sika-egypts-mto\/"},"modified":"2020-05-19T03:59:53","modified_gmt":"2020-05-19T03:59:53","slug":"bitumode-agrees-to-share-price-in-sika-egypts-mto","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/19\/bitumode-agrees-to-share-price-in-sika-egypts-mto\/","title":{"rendered":"Bitumode agrees to share price in Sika Egypt\u2019s MTO"},"content":{"rendered":"<p><strong>M&A WATCH- Modern Waterproofing (Bitumode) has agreed to the EGP 3.91 share <\/strong><strong>price Sika Egypt has set in its mandatory tender offer (MTO)<\/strong> for 100% of Bitumode\u2019s 119 mn shares, <a href=\"https:\/\/bit.ly\/2z7M0zS\">according to Hapi Journal<\/a>. The Financial Regulatory Authority <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/be3af671-dc03-40fb-94e9-6f7165535f42\">had approved the construction chemicals supplier\u2019s MTO<\/a> last week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- Modern Waterproofing (Bitumode) has agreed to the EGP 3.91 share price Sika Egypt has set in its mandatory tender offer (MTO) for 100% of Bitumode\u2019s 119 mn shares, according to Hapi Journal. The Financial Regulatory Authority had approved the construction chemicals supplier\u2019s MTO last week.<\/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":[5006,102,5173,72,76,7093,7128,5005,5121,2380,7096],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-571637","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-bitumode","tag-capital-markets","tag-centamin-mining","tag-enterpriseam","tag-financial-regulatory-authority","tag-gold","tag-ma-watch","tag-modern-waterproofing","tag-sika-egypt","tag-speed-round","tag-stake","wpautop","entry"],"acf":{"mongo_id":"b2fb96c4-bf20-4374-bffa-61f0b53b9b67","is_powered_by":true,"section_story_id":"43ebdb83-60ef-4fc1-9df3-eb98a91ac09f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[571625],"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>Bitumode agrees to share price in Sika Egypt\u2019s MTO - 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\/05\/19\/bitumode-agrees-to-share-price-in-sika-egypts-mto\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitumode agrees to share price in Sika Egypt\u2019s MTO\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- Modern Waterproofing (Bitumode) has agreed to the EGP 3.91 share price Sika Egypt has set in its mandatory tender offer (MTO) for 100% of Bitumode\u2019s 119 mn shares, according to Hapi Journal. The Financial Regulatory Authority had approved the construction chemicals supplier\u2019s MTO last week.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/19\/bitumode-agrees-to-share-price-in-sika-egypts-mto\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-19T03:59:53+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\/05\/19\/bitumode-agrees-to-share-price-in-sika-egypts-mto\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/19\/bitumode-agrees-to-share-price-in-sika-egypts-mto\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Bitumode agrees to share price in Sika Egypt\u2019s MTO\",\"datePublished\":\"2020-05-19T03:59:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/19\/bitumode-agrees-to-share-price-in-sika-egypts-mto\/\"},\"wordCount\":57,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Bitumode\",\"capital markets\",\"Centamin Mining\",\"EnterpriseAM\",\"Financial Regulatory Authority\",\"gold\",\"M&amp;A Watch\",\"Modern Waterproofing\",\"Sika Egypt\",\"SPEED ROUND\",\"stake\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/19\/bitumode-agrees-to-share-price-in-sika-egypts-mto\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/19\/bitumode-agrees-to-share-price-in-sika-egypts-mto\/\",\"name\":\"Bitumode agrees to share price in Sika Egypt\u2019s MTO - 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Sika\u2019s offer, reviewed late last month by 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":574439,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/09\/bitumode-board-approves-mto-to-delist-from-egx\/","url_meta":{"origin":571637,"position":2},"title":"Bitumode board approves MTO to delist from EGX","author":"enterpriseam admin","date":"9 September 2020","format":false,"excerpt":"Modern Waterproofing\u2019s (Bitumode) BoD approved delisting the company from the EGX and taking it private, according to a bourse disclosure (pdf). 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