{"id":588991,"date":"2023-06-20T00:00:00","date_gmt":"2023-06-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/"},"modified":"2023-06-20T00:00:00","modified_gmt":"2023-06-20T00:00:00","slug":"ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/","title":{"rendered":"Ezz Steel, Ezz Dekheila Steel deny knowledge of rumored share sale"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Ezz Steel on its alleged acquisition plans \u2014 take two: <\/span><span style=\"\">Steel giant Ezz Steel has not <\/span><span>made any offers to acquire additional shares in its subsidiary Ezz Dekheila Steel, it said in an <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/6\/950.pdf\" style=\"\">EGX disclosure (pdf)<\/a><\/span><span> yesterday. A company source at Ezz Steel <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2b1d120f-389e-43d9-8c90-a1759e0b629f\" style=\"\">told Enterprise the same<\/a><\/span><span> earlier this week, saying that Ezz Steel had neither made nor received a formal acquisition offer and did not initiate a valuation of Ezz Dekheila. This was in response to media <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2b1d120f-389e-43d9-8c90-a1759e0b629f\" style=\"\">reports<\/a><\/span><span style=\"font-weight:400;\"> this week that Ezz Dekheila had been valued at more than EGP 20 bn ahead of a potential acquisition. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Ezz Dekheila Steel also denied knowledge of the plan yesterday<\/span><span>, saying in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/6\/951.pdf\" style=\"\">a disclosure (pdf)<\/a><\/span><span> that none of its shareholders have notified it of a potential stake sale. This is the second tim<\/span><span>e in six weeks t<\/span><span>he companies have <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bae63416-8277-496e-8c07-3e0e56df3cc3\" style=\"\">denied knowledge of reports<\/a><\/span><span style=\"font-weight:400;\"> in the media over a potential stake sale.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Background: <\/span><span>T<\/span><span>he Sovereign Fund of Egypt received a preliminary valuation of Ezz Dekheila, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/445jEzc\" style=\"\">Asharq Business<\/a><\/span><span> reported earlier this week, without clarifying the sovereign wealth fund\u2019s role in the transaction.<\/span><span>News of a potential stake sale <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/233aedd0-f51c-47a3-9b29-b2e2c3d3cd7c\" style=\"\">broke last month<\/a><\/span><span style=\"font-weight:400;\"> when several local outlets reported that Ezz Steel was in negotiations with the government to purchase the shares in Ezz Dekheila held by the National Investment Bank (NIB) and the National Bank of Egypt (NBE). A government source confirmed to us the existence of the talks at the time.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The gov\u2019t is reportedly looking to sell shares in Ezz Dekheila to its parent company<\/p>\n","protected":false},"author":1,"featured_media":588992,"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":[7363],"tags":[72,589,7196,7128,131,587],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-588991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch","tag-enterpriseam","tag-ezz-steel","tag-industry","tag-ma-watch","tag-manufacturing","tag-state-privatization-program","wpautop","entry"],"acf":{"mongo_id":"48b1677d-f63c-4865-8b78-35e2ceffa20b","order":"0","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/6\/973.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Ezz Steel, Ezz Dekheila Steel deny knowledge of rumored share sale","related_issue":[588986],"teaser":"The gov\u2019t is reportedly looking to sell shares in Ezz Dekheila to its parent company","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/6\/.bec25b33-cb11-46e7-97dc-e6e3cfa2e431.mp3"},"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>Ezz Steel, Ezz Dekheila Steel deny knowledge of rumored share sale - 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\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ezz Steel, Ezz Dekheila Steel deny knowledge of rumored share sale\" \/>\n<meta property=\"og:description\" content=\"The gov\u2019t is reportedly looking to sell shares in Ezz Dekheila to its parent company\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-20T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/973.jpg?fit=%2C&ssl=1\" \/>\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\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Ezz Steel, Ezz Dekheila Steel deny knowledge of rumored share sale\",\"datePublished\":\"2023-06-20T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/\"},\"wordCount\":249,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/973.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"Ezz Steel\",\"industry\",\"M&amp;A Watch\",\"Manufacturing\",\"state privatization program\"],\"articleSection\":[\"M&amp;A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/\",\"name\":\"Ezz Steel, Ezz Dekheila Steel deny knowledge of rumored share sale - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/973.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-06-20T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/973.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/973.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ezz Steel, Ezz Dekheila Steel deny knowledge of rumored share sale\"}]},{\"@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":"Ezz Steel, Ezz Dekheila Steel deny knowledge of rumored share sale - 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\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/","og_locale":"en_US","og_type":"article","og_title":"Ezz Steel, Ezz Dekheila Steel deny knowledge of rumored share sale","og_description":"The gov\u2019t is reportedly looking to sell shares in Ezz Dekheila to its parent company","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-06-20T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/973.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Ezz Steel, Ezz Dekheila Steel deny knowledge of rumored share sale","datePublished":"2023-06-20T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/"},"wordCount":249,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/973.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","Ezz Steel","industry","M&amp;A Watch","Manufacturing","state privatization program"],"articleSection":["M&amp;A WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/","name":"Ezz Steel, Ezz Dekheila Steel deny knowledge of rumored share sale - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/973.jpg?fit=%2C&ssl=1","datePublished":"2023-06-20T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/973.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/973.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/ezz-steel-ezz-dekheila-steel-deny-knowledge-of-rumored-share-sale\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Ezz Steel, Ezz Dekheila Steel deny knowledge of rumored share sale"}]},{"@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\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/973.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/973.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/973.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":591700,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/15\/ezz-dekheila-acquires-ezz-rolling-mills\/","url_meta":{"origin":588991,"position":0},"title":"Ezz Dekheila acquires Ezz Rolling Mills","author":"enterpriseam admin","date":"15 December 2019","format":false,"excerpt":"M&A WATCH- Ezz Dekheila fully acquires Ezz Rolling Mills: Ezz Dekheila Steel\u2019s acquisition of 100% of Al Ezz Rolling Mills (ERM) has been implemented, according to the local press. Ezz Dekheila\u2019s mandatory tender offer (MTO) saw the company buying 100k ERM shares at EGP 23.07 apiece while the remaining 89.7\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":586201,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/08\/ezz-steel-looks-to-acquire-govt-owned-shares-of-ezz-dekheila-steel\/","url_meta":{"origin":588991,"position":1},"title":"Ezz Steel looks to acquire gov\u2019t-owned shares of Ezz Dekheila Steel","author":"enterpriseam admin","date":"8 May 2023","format":false,"excerpt":"The company would acquire 14% of Ezz Dekheila from the National Investment Bank and the National Bank of Egypt","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/366.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593470,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/ezz-steel-board-approves-selling-its-shares-in-ezz-rolling-mills-to-ezz-dekheila\/","url_meta":{"origin":588991,"position":2},"title":"Ezz Steel board approves selling its shares in Ezz Rolling Mills to Ezz Dekheila","author":"enterpriseam admin","date":"28 November 2019","format":false,"excerpt":"M&A WATCH- Ezz Steel board approves selling its shares in Ezz Rolling Mills to Ezz Dekheila: Ezz Steel\u2019s board of directors has signed off on selling north of 88 mn of its shares in Ezz Rolling Mills (ERM) through a share swap with Ezz Dekheila Steel, the parent company said\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":592912,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/12\/egypts-ezz-dekheila-steel-launches-mto-for-ezz-rolling-mills\/","url_meta":{"origin":588991,"position":3},"title":"Egypt\u2019s Ezz Dekheila Steel launches MTO for Ezz Rolling Mills","author":"enterpriseam admin","date":"12 November 2019","format":false,"excerpt":"M&A WATCH- Ezz Dekheila launches MTO for Ezz Rolling Mills: Ezz Dekheila Steel presented yesterday a mandatory tender offer (MTO) to acquire 100% of Al Ezz Rolling Mills (ERM), according to a bourse disclosure. The MTO expires at the end of trading on 8 December, with the transaction set to\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":593102,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/18\/ezz-dekheila-steel-acquires-ezz-flat-steel-in-a-usd-356-07-mn-transaction\/","url_meta":{"origin":588991,"position":4},"title":"Ezz Dekheila Steel acquires Ezz Flat Steel in a USD 356.07 mn transaction","author":"enterpriseam admin","date":"18 November 2019","format":false,"excerpt":"M&A WATCH- Ezz Dekheila Steel acquires Ezz Flat Steel in a USD 356.07 mn transaction: Ezz Steel divested its full stake in Ezz Flat Steel, selling 35.3 mn shares to Ezz Dekheila Steel for USD 356.07 mn, according to a bourse disclosure (pdf). The transaction is part of a restructuring\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":588914,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/19\/ezz-dekheila-steel-handed-egp-20-bn-valuation-ahead-of-potential-stake-sale\/","url_meta":{"origin":588991,"position":5},"title":"Ezz Dekheila Steel handed EGP 20 bn+ valuation ahead of potential stake sale","author":"enterpriseam admin","date":"19 June 2023","format":false,"excerpt":"Steel giant Ezz Steel could acquire a 14% stake held by state banks in its EGX-listed subsidiary","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/901.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/588991","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=588991"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/588991\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/588986"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/588992"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=588991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=588991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=588991"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=588991"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=588991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}