{"id":573384,"date":"2020-08-04T04:02:35","date_gmt":"2020-08-04T04:02:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/04\/adeptio-completes-purchase-of-minority-stake-in-americana-egypt\/"},"modified":"2020-08-04T04:02:35","modified_gmt":"2020-08-04T04:02:35","slug":"adeptio-completes-purchase-of-minority-stake-in-americana-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/04\/adeptio-completes-purchase-of-minority-stake-in-americana-egypt\/","title":{"rendered":"Adeptio completes purchase of minority stake in Americana Egypt"},"content":{"rendered":"

M&A WATCH- Adeptio completes purchase of minority stake in Americana Egypt:<\/strong> Adeptio completed the purchase of a 9.6% stake in Americana Egypt on Wednesday following a two-year dispute with the Financial Regulatory Authority (FRA) and minority shareholders over the company\u2019s valuation, Al Mal<\/a> reports. The FRA finally approved the transaction<\/a> earlier this month after the Emirati outfit raised its offer price to EGP 6.32 per share, having previously had an offer of EGP 3.90 rejected by the regulator<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- Adeptio completes purchase of minority stake in Americana Egypt: Adeptio completed the purchase of a 9.6% stake in Americana Egypt on Wednesday following a two-year dispute with the Financial Regulatory Authority (FRA) and minority shareholders over the company\u2019s valuation, Al Mal reports. The FRA finally approved the transaction earlier this month after the […]<\/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":[4506,2363,72,76,7128,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-573384","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-adeptio","tag-americana-egypt","tag-enterpriseam","tag-financial-regulatory-authority","tag-ma-watch","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5b04a3f1-2feb-4f10-a23f-62eb122f2ada","is_powered_by":true,"section_story_id":"a4e2c7a0-1545-4c76-8450-24cb3289251b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[573373],"teaser":"","voice_url":""},"yoast_head":"\nAdeptio completes purchase of minority stake in Americana Egypt - 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\/08\/04\/adeptio-completes-purchase-of-minority-stake-in-americana-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Adeptio completes purchase of minority stake in Americana Egypt\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- Adeptio completes purchase of minority stake in Americana Egypt: Adeptio completed the purchase of a 9.6% stake in Americana Egypt on Wednesday following a two-year dispute with the Financial Regulatory Authority (FRA) and minority shareholders over the company\u2019s valuation, Al Mal reports. The FRA finally approved the transaction earlier this month after the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/04\/adeptio-completes-purchase-of-minority-stake-in-americana-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-04T04:02:35+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\/08\/04\/adeptio-completes-purchase-of-minority-stake-in-americana-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/04\/adeptio-completes-purchase-of-minority-stake-in-americana-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Adeptio completes purchase of minority stake in Americana Egypt\",\"datePublished\":\"2020-08-04T04:02:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/04\/adeptio-completes-purchase-of-minority-stake-in-americana-egypt\/\"},\"wordCount\":86,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Adeptio\",\"Americana Egypt\",\"EnterpriseAM\",\"Financial Regulatory Authority\",\"M&A Watch\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/04\/adeptio-completes-purchase-of-minority-stake-in-americana-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/04\/adeptio-completes-purchase-of-minority-stake-in-americana-egypt\/\",\"name\":\"Adeptio completes purchase of minority stake in Americana Egypt - 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legal action to compel a company led by Emirati business figure Mohamed Alabbar to make a mandatory tender\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":602006,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/adeptio-challenges-egypts-fras-rejection-of-americana-mto-decision-appeal\/","url_meta":{"origin":573384,"position":1},"title":"Adeptio challenges Egypt\u2019s FRA\u2019s rejection of Americana MTO decision appeal","author":"enterpriseam admin","date":"17 March 2019","format":false,"excerpt":"M&A WATCH- Alabbar\u2019s Adeptio challenges FRA rejection of its appeal against Americana MTO decision: Adeptio AD Investments, the lead shareholder of Egyptian International Tourism Projects Company\u2019s (Americana Egypt), has filed suit in an administrative court challenging the Financial Regulatory Authority\u2019s (FRA) rejection of its appeal against an order to submit\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":601649,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/06\/americanas-adeptio-to-challenge-fra-rejection-of-mto-related-appeal-before-court\/","url_meta":{"origin":573384,"position":2},"title":"Americana\u2019s Adeptio to challenge FRA rejection of MTO-related appeal before court","author":"enterpriseam admin","date":"6 March 2019","format":false,"excerpt":"M&A WATCH- Americana\u2019s Adeptio to challenge FRA rejection of its appeal against MTO decision: The Egyptian International Tourism Projects Company\u2019s (Americana Egypt) main shareholder Adeptio AD Investments will challenge before an administrative court the Financial Regulatory Authority\u2019s (FRA) rejection of its appeal against an order to submit a mandatory tender\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":572892,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/fra-approves-adeptios-minority-purchase-offer-of-americana-egypt\/","url_meta":{"origin":573384,"position":3},"title":"FRA approves Adeptio\u2019s minority purchase offer of Americana Egypt","author":"enterpriseam admin","date":"13 July 2020","format":false,"excerpt":"M&A WATCH- Adeptio\u2019s offer to buy out minority shareholders of Americana Egypt gets nod from regulators: The Financial Regulatory Authority (FRA) has approved Adeptio\u2019s offer to purchase a 9.6% stake in Americana Egypt at EGP 6.32 per share, it said in a statement (pdf). The regulator has also required Adeptio\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":591369,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/04\/americana-minority-shareholders-demand-adeptio-revalue-the-company\/","url_meta":{"origin":573384,"position":4},"title":"Americana minority shareholders demand Adeptio revalue the company","author":"enterpriseam admin","date":"4 December 2019","format":false,"excerpt":"M&A WATCH- Americana minority shareholders demand Adeptio revalue the company: Minority shareholders of the Egyptian International Tourism Projects Company (Americana Egypt) have filed a complaint with the Financial Regulation Authority demanding that Adeptio purchase shares based either on the company\u2019s net asset value or its market price over the past\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\/2020\/2\/44.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570986,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/26\/americana-egypt-appoints-new-financial-adviser-to-conduct-valuation-ahead-of-adeptio-mto\/","url_meta":{"origin":573384,"position":5},"title":"Americana Egypt appoints new financial adviser to conduct valuation ahead of Adeptio MTO","author":"enterpriseam admin","date":"26 April 2020","format":false,"excerpt":"M&A WATCH- Americana Egypt appoints new financial adviser to conduct valuation ahead of Adeptio MTO: The Egyptian Company for International Tourism Projects (Americana Egypt) has selected an unnamed financial adviser to conduct a fair valuation of the company ahead of Adeptio\u2019s mandatory tender offer (MTO) for minority shares 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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/573384","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=573384"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/573384\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/573373"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=573384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=573384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=573384"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=573384"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=573384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}