{"id":574003,"date":"2020-08-26T04:19:59","date_gmt":"2020-08-26T04:19:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/26\/egypt-engineering-firm-daoud-group-to-acquire-mnhds-nasr-utilities\/"},"modified":"2020-08-26T04:19:59","modified_gmt":"2020-08-26T04:19:59","slug":"egypt-engineering-firm-daoud-group-to-acquire-mnhds-nasr-utilities","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/26\/egypt-engineering-firm-daoud-group-to-acquire-mnhds-nasr-utilities\/","title":{"rendered":"Egypt: Engineering firm Daoud Group to acquire MNHD\u2019s Nasr Utilities"},"content":{"rendered":"

M&A WATCH- Engineering firm Daoud Group to acquire MNHD\u2019s Nasr Utilities: <\/strong>Mohammed Ahmed Daoud for Engineering and Industrial Investments (Daoud Group<\/a>) is reportedly the company that has made an EGP 30 mn offer to acquire Madinet Nasr for Housing and Development (MNHD) subsidiary Nasr Utilities and Installations (NUI), according to Hapi Journal<\/a>. Daoud Group will be moving ahead with the acquisition within the next few days. MNHD\u2019s board earlier this week<\/a> greenlit Daoud Group\u2019s offer for a 98.4% stake in the construction company, while MNHD subsidiary El Nasr Civil Works signed off yesterday (pdf)<\/a> on Daoud Group\u2019s offer for the remaining 1.6% stake in NUI.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- Engineering firm Daoud Group to acquire MNHD\u2019s Nasr Utilities: Mohammed Ahmed Daoud for Engineering and Industrial Investments (Daoud Group) is reportedly the company that has made an EGP 30 mn offer to acquire Madinet Nasr for Housing and Development (MNHD) subsidiary Nasr Utilities and Installations (NUI), according to Hapi Journal. Daoud Group will […]<\/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":[130,9348,72,7111,7128,353,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-574003","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-construction","tag-engineering","tag-enterpriseam","tag-infrastructure","tag-ma-watch","tag-madinet-masr-for-housing-and-development","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"59ae1f1c-6e60-42f1-a3f0-855dac733567","is_powered_by":true,"section_story_id":"e08c1820-6d36-4157-9988-c820f99c21fb","story_type":"1","photo_url":"","photo_position":"above","related_issue":[573991],"teaser":"","voice_url":""},"yoast_head":"\nEgypt: Engineering firm Daoud Group to acquire MNHD\u2019s Nasr Utilities - 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\/26\/egypt-engineering-firm-daoud-group-to-acquire-mnhds-nasr-utilities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt: Engineering firm Daoud Group to acquire MNHD\u2019s Nasr Utilities\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- Engineering firm Daoud Group to acquire MNHD\u2019s Nasr Utilities: Mohammed Ahmed Daoud for Engineering and Industrial Investments (Daoud Group) is reportedly the company that has made an EGP 30 mn offer to acquire Madinet Nasr for Housing and Development (MNHD) subsidiary Nasr Utilities and Installations (NUI), according to Hapi Journal. Daoud Group will […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/26\/egypt-engineering-firm-daoud-group-to-acquire-mnhds-nasr-utilities\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-26T04:19:59+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/26\/egypt-engineering-firm-daoud-group-to-acquire-mnhds-nasr-utilities\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/26\/egypt-engineering-firm-daoud-group-to-acquire-mnhds-nasr-utilities\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt: Engineering firm Daoud Group to acquire MNHD\u2019s Nasr Utilities\",\"datePublished\":\"2020-08-26T04:19:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/26\/egypt-engineering-firm-daoud-group-to-acquire-mnhds-nasr-utilities\/\"},\"wordCount\":118,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"construction\",\"engineering\",\"EnterpriseAM\",\"infrastructure\",\"M&A Watch\",\"Madinet Masr for Housing and Development\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/26\/egypt-engineering-firm-daoud-group-to-acquire-mnhds-nasr-utilities\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/26\/egypt-engineering-firm-daoud-group-to-acquire-mnhds-nasr-utilities\/\",\"name\":\"Egypt: Engineering firm Daoud Group to acquire MNHD\u2019s Nasr Utilities - 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