{"id":575305,"date":"2020-10-11T04:12:36","date_gmt":"2020-10-11T04:12:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/11\/fra-approves-americanas-egx-delisting\/"},"modified":"2020-10-11T04:12:36","modified_gmt":"2020-10-11T04:12:36","slug":"fra-approves-americanas-egx-delisting","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/11\/fra-approves-americanas-egx-delisting\/","title":{"rendered":"FRA approves Americana\u2019s EGX delisting"},"content":{"rendered":"<p>Americana Egypt\u2019s <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/43985e0e-7dc7-48e4-815f-712190b47259\">request<\/a>to delist 400 mn shares from the EGX has been approved by the Financial Regulatory Authority\u2019s (FRA) Securities Registration Committee following its purchase by Adeptio, <a href=\"https:\/\/alborsaanews.com\/2020\/10\/07\/1389293\">the local press<\/a> reports. The company is now authorized to gradually delist shares from the EGX in one week intervals until 31 January, 2021. Americana Egypt is transferring ownership to the Emirati outfit, which last month purchased the 9.6% of the company that it did not already own at EGP 6.32 per share in a mandatory tender offer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Americana Egypt\u2019s requestto delist 400 mn shares from the EGX has been approved by the Financial Regulatory Authority\u2019s (FRA) Securities Registration Committee following its purchase by Adeptio, the local press reports. The company is now authorized to gradually delist shares from the EGX in one week intervals until 31 January, 2021. Americana Egypt is transferring [&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":[9298],"tags":[4506,2363,2372,102,68,72,76],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575305","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-adeptio","tag-americana-egypt","tag-banking-finance","tag-capital-markets","tag-egx","tag-enterpriseam","tag-financial-regulatory-authority","wpautop","entry"],"acf":{"mongo_id":"92ba2177-a49b-4049-a46d-26235b13a007","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[575271],"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>FRA approves Americana\u2019s EGX delisting - 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\/10\/11\/fra-approves-americanas-egx-delisting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FRA approves Americana\u2019s EGX delisting\" \/>\n<meta property=\"og:description\" content=\"Americana Egypt\u2019s requestto delist 400 mn shares from the EGX has been approved by the Financial Regulatory Authority\u2019s (FRA) Securities Registration Committee following its purchase by Adeptio, the local press reports. The company is now authorized to gradually delist shares from the EGX in one week intervals until 31 January, 2021. Americana Egypt is transferring [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/11\/fra-approves-americanas-egx-delisting\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-11T04:12:36+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\/10\/11\/fra-approves-americanas-egx-delisting\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/11\/fra-approves-americanas-egx-delisting\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FRA approves Americana\u2019s EGX delisting\",\"datePublished\":\"2020-10-11T04:12:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/11\/fra-approves-americanas-egx-delisting\/\"},\"wordCount\":88,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Adeptio\",\"Americana Egypt\",\"BANKING + FINANCE\",\"capital markets\",\"EGX\",\"EnterpriseAM\",\"Financial Regulatory Authority\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/11\/fra-approves-americanas-egx-delisting\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/11\/fra-approves-americanas-egx-delisting\/\",\"name\":\"FRA approves Americana\u2019s EGX delisting - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-10-11T04:12:36+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/11\/fra-approves-americanas-egx-delisting\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/11\/fra-approves-americanas-egx-delisting\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/11\/fra-approves-americanas-egx-delisting\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FRA approves Americana\u2019s EGX delisting\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"FRA approves Americana\u2019s EGX delisting - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/11\/fra-approves-americanas-egx-delisting\/","og_locale":"en_US","og_type":"article","og_title":"FRA approves Americana\u2019s EGX delisting","og_description":"Americana Egypt\u2019s requestto delist 400 mn shares from the EGX has been approved by the Financial Regulatory Authority\u2019s (FRA) Securities Registration Committee following its purchase by Adeptio, the local press reports. 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Americana Egypt is\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":597500,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/29\/adeptio-requests-fra-approval-to-buy-out-americana-egypt-minority-shareholders\/","url_meta":{"origin":575305,"position":2},"title":"Adeptio requests FRA approval to buy out Americana Egypt minority shareholders","author":"enterpriseam admin","date":"29 July 2019","format":false,"excerpt":"M&A WATCH- Adeptio requests regulatory approval to buy out American Egypt minority shareholders: Adeptio AD Investments has submitted a request to the Financial Regulatory Authority (FRA) for its approval to buy out minority shareholders in the Egyptian International Tourism Projects Company (Americana Egypt) through one its subsidiaries, Adeptio said in\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":601811,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/11\/americana-minority-shareholders-ask-fra-to-file-lawsuit-against-alabbar\/","url_meta":{"origin":575305,"position":3},"title":"Americana minority shareholders ask FRA to file lawsuit against Alabbar","author":"enterpriseam admin","date":"11 March 2019","format":false,"excerpt":"M&A WATCH- Americana\u2019s minority shareholders ask FRA to compel MTO bid by Alabbar: Minority shareholders of Egyptian International Tourism Projects Company (Americana Egypt) are demanding that the Financial Regulatory Authority (FRA) take legal action to compel a company led by Emirati business figure Mohamed Alabbar to make a mandatory tender\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":572618,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/01\/adeptio-loses-appeal-americana-mto-dispute-receives-new-fair-value-study\/","url_meta":{"origin":575305,"position":4},"title":"Adeptio loses appeal Americana MTO dispute, receives new fair value study","author":"enterpriseam admin","date":"1 July 2020","format":false,"excerpt":"DISPUTE WATCH- Adeptio loses appeal Americana MTO dispute, receives new fair value study: An administrative court has rejected Adeptio\u2019s appeal against a Financial Regulatory Authority (FRA) decision requiring it to mount a mandatory tender offer (MTO) for its acquisition of a minority stake in the Egyptian International Tourism Projects Company\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":572816,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/ernst-young-values-americana-egypts-shares-at-egp-5-apiece\/","url_meta":{"origin":575305,"position":5},"title":"Ernst &#038; Young values Americana Egypt\u2019s shares at EGP 5 apiece","author":"enterpriseam admin","date":"9 July 2020","format":false,"excerpt":"M&A WATCH- Ernst & Young values Americana Egypt\u2019s shares at EGP 5 apiece: Ernst & Young has valued the Egyptian Company for International Touristic Projects\u2019 (Americana Egypt) share price at EGP 5 after it finalized a fair value report, the Financial Regulatory Authority (FRA) said in a filing 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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/575305","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=575305"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/575305\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/575271"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=575305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=575305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=575305"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=575305"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=575305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}