{"id":573024,"date":"2020-07-16T03:55:34","date_gmt":"2020-07-16T03:55:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/16\/alexandria-portland-cement-removes-shares-from-egx\/"},"modified":"2020-07-16T03:55:34","modified_gmt":"2020-07-16T03:55:34","slug":"alexandria-portland-cement-removes-shares-from-egx","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/16\/alexandria-portland-cement-removes-shares-from-egx\/","title":{"rendered":"Alexandria Portland Cement removes shares from EGX"},"content":{"rendered":"

Alexandria Portland Cement\u2019s board of directors agreed to voluntarily delist its shares from the EGX in accordance with the mandatory tender offer submitted by Titan Cement<\/a> late last year, according to an EGX filing (pdf)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Alexandria Portland Cement\u2019s board of directors agreed to voluntarily delist its shares from the EGX in accordance with the mandatory tender offer submitted by Titan Cement late last year, according to an EGX filing (pdf).<\/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":[4462,102,68,72,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-573024","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-alexandria-portland-cement","tag-capital-markets","tag-egx","tag-enterpriseam","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"0a4cb679-7236-4313-9abd-db997d05eea2","is_powered_by":true,"section_story_id":"441c1fd5-f6a8-4a6d-983d-b5a579805a5a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[572994],"teaser":"","voice_url":""},"yoast_head":"\nAlexandria Portland Cement removes shares from EGX - 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\/07\/16\/alexandria-portland-cement-removes-shares-from-egx\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alexandria Portland Cement removes shares from EGX\" \/>\n<meta property=\"og:description\" content=\"Alexandria Portland Cement\u2019s board of directors agreed to voluntarily delist its shares from the EGX in accordance with the mandatory tender offer submitted by Titan Cement late last year, according to an EGX filing (pdf).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/16\/alexandria-portland-cement-removes-shares-from-egx\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-16T03:55:34+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\/07\/16\/alexandria-portland-cement-removes-shares-from-egx\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/16\/alexandria-portland-cement-removes-shares-from-egx\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Alexandria Portland Cement removes shares from EGX\",\"datePublished\":\"2020-07-16T03:55:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/16\/alexandria-portland-cement-removes-shares-from-egx\/\"},\"wordCount\":43,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Alexandria Portland Cement\",\"capital markets\",\"EGX\",\"EnterpriseAM\",\"Other Business News of Note\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/16\/alexandria-portland-cement-removes-shares-from-egx\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/16\/alexandria-portland-cement-removes-shares-from-egx\/\",\"name\":\"Alexandria Portland Cement removes shares from EGX - 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An MTO long in the\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":591566,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/titan-group-bids-egp-6-share-in-mto-for-100-of-alexandria-cement\/","url_meta":{"origin":573024,"position":1},"title":"Titan Group bids EGP 6 \/ share in MTO for 100% of Alexandria Cement","author":"enterpriseam admin","date":"10 December 2019","format":false,"excerpt":"M&A WATCH- Greek cement company Titan Group launched its mandatory tender offer (MTO) for 100% of Alexandria Portland Cement at EGP 6 per share, Alexandria Cement said in a bourse disclosure (pdf). Titan plans to delist Alexandria\u2019s shares from the EGX after completing the transaction, according to the disclosure. The\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":571446,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/12\/alexandria-cement-fair-value-determined-to-be-egp-4-02-a-share\/","url_meta":{"origin":573024,"position":2},"title":"Alexandria Cement fair value determined to be EGP 4.02 a share","author":"enterpriseam admin","date":"12 May 2020","format":false,"excerpt":"An arm of Titan Cement Egypt will pay a significant premium to acquire the nearly 1.3% of Alexandria Portland Cement that it doesn\u2019t already own after a fair value study said the subsidiary\u2019s shares are worth EGP 4.02 a piece, according to an EGX disclosure (pdf). Titan subsidiary Alexandria Development\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":569504,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/26\/fra-to-review-titan-groups-mto-for-alexandria-cement\/","url_meta":{"origin":573024,"position":3},"title":"FRA to review Titan Group\u2019s MTO for Alexandria Cement","author":"enterpriseam admin","date":"26 February 2020","format":false,"excerpt":"M&A WATCH- Regulator to review Titan Group\u2019s MTO for Alexandria Cement: The Financial Regulatory Authority (FRA) has received and will begin reviewing a mandatory tender offer (MTO) Titan Group subsidiary Alexandria Development submitted for 100% of Alexandria Portland Cement, according to a regulatory filing (pdf).Background: Greek cement company Titan had\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":641583,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/26\/alexandria-portland-cement-approves-egp-200-mn-loan\/","url_meta":{"origin":573024,"position":4},"title":"Alexandria Portland Cement approves EGP 200 mn loan","author":"enterpriseam admin","date":"26 September 2017","format":false,"excerpt":"Alexandria Portland Cement\u2019s board approved a EGP 200 mn revolving loan facility from HSBC to finance working capital, capex, and \u201cgeneral purposes,\u201d according to an EGX disclosure. The loan carries a tenor of 33 months and an aggregate interest rate of the CBE lending rate plus a 3% margin. Alexandria\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570135,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/farouk-saleh-nasser-appointed-as-vice-chairman-of-alexandria-portland-cement-board\/","url_meta":{"origin":573024,"position":5},"title":"Farouk Saleh Nasser appointed as vice chairman of Alexandria Portland Cement board","author":"enterpriseam admin","date":"19 March 2020","format":false,"excerpt":"MOVES- Farouk Saleh Nasser (bio) was appointed as vice chairman of the board at Alexandria Portland Cement, according to an EGX disclosure (pdf).","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/573024","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=573024"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/573024\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/572994"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=573024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=573024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=573024"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=573024"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=573024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}