{"id":595317,"date":"2019-09-23T04:27:49","date_gmt":"2019-09-23T04:27:49","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/fair-share-value-for-emisal-acquisition-set-before-end-of-month\/"},"modified":"2019-09-23T04:27:49","modified_gmt":"2019-09-23T04:27:49","slug":"fair-share-value-for-emisal-acquisition-set-before-end-of-month","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/fair-share-value-for-emisal-acquisition-set-before-end-of-month\/","title":{"rendered":"Fair share value for Emisal acquisition set before end of month"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <b>M&A WATCH- Fair share value for Emisal acquisition decided soon: <\/b>A fair share value study for Emisal Salts will be ready before the end of September, Chemical Industries Holding Company (CIHC) Chairman Emad El Din Moustafa told <a href=\"https:\/\/alborsaanews.com\/2019\/09\/22\/1246142\">the local press<\/a>. CIHC aims to sell 3 percentage points of its 13.1% holding in the company while the National Bank of Egypt (NBE) <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/31\/egypt-kuwait-holding-closer-to-acquiring-emisal-salts\/\">wants to offload<\/a> its entire 49.8% stake. Egypt Kuwait Holding (EKH) <a href=\"https:\/\/enterprise.press\/stories\/2019\/02\/10\/egypt-kuwait-holding-moves-ahead-with-bid-for-emisal-salts\/\">bid<\/a> to acquire a controlling stake of 52.8% in Emisal back in February. EKH is facing competition from a consortium made up of Kuwait\u2019s Al Madar Finance and Investment and the Saudi-Egyptian Industrial Investment (SEII), <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/10\/gcc-egyptian-consortium-looking-to-acquire-emisal-salts-for-at-least-egp-700-mn\/\">which bid EGP 700 mn<\/a> for the company back in June. NBE is <a href=\"https:\/\/enterprise.press\/stories\/2019\/02\/07\/egypt-kuwait-holding-makes-acquisition-bid-for-emisal-salts\/\">leading the sale<\/a> process on behalf of other state-owned shareholders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- Fair share value for Emisal acquisition decided soon: A fair share value study for Emisal Salts will be ready before the end of September, Chemical Industries Holding Company (CIHC) Chairman Emad El Din Moustafa told the local press. CIHC aims to sell 3 percentage points of its 13.1% holding in the company while [&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":[8572],"tags":[2219,1668,11061,72,7128,248,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595317","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-chemical-industries-holding-company","tag-egypt-kuwait-holding","tag-emisal-salts","tag-enterpriseam","tag-ma-watch","tag-national-bank-of-egypt","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"7e163cf7-fde6-444f-9a24-aadfb6113d63","is_powered_by":true,"section_story_id":"a460ec21-f887-4ece-8151-2dad938e4971","story_type":"1","photo_url":"","photo_position":"above","related_issue":[595308],"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>Fair share value for Emisal acquisition set before end of month - 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\/2019\/09\/23\/fair-share-value-for-emisal-acquisition-set-before-end-of-month\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fair share value for Emisal acquisition set before end of month\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- Fair share value for Emisal acquisition decided soon: A fair share value study for Emisal Salts will be ready before the end of September, Chemical Industries Holding Company (CIHC) Chairman Emad El Din Moustafa told the local press. CIHC aims to sell 3 percentage points of its 13.1% holding in the company while [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/fair-share-value-for-emisal-acquisition-set-before-end-of-month\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-23T04:27:49+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\/2019\/09\/23\/fair-share-value-for-emisal-acquisition-set-before-end-of-month\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/fair-share-value-for-emisal-acquisition-set-before-end-of-month\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Fair share value for Emisal acquisition set before end of month\",\"datePublished\":\"2019-09-23T04:27:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/fair-share-value-for-emisal-acquisition-set-before-end-of-month\/\"},\"wordCount\":138,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Chemical Industries Holding Company\",\"Egypt Kuwait Holding\",\"Emisal Salts\",\"EnterpriseAM\",\"M&amp;A Watch\",\"National Bank of Egypt\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/fair-share-value-for-emisal-acquisition-set-before-end-of-month\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/fair-share-value-for-emisal-acquisition-set-before-end-of-month\/\",\"name\":\"Fair share value for Emisal acquisition set before end of month - 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A consortium of Kuwait\u2019s Al Madar Finance & Investment Company and the Saudi Egyptian Industrial Investment Company (SEII) is considering whether to again bid for a stake in state-owned Emisal Salts after Egypt Kuwait Holding (EKH)\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\/2019\/11\/2827.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":600713,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/07\/egypt-kuwait-holding-makes-acquisition-bid-for-emisal-salts\/","url_meta":{"origin":595317,"position":3},"title":"Egypt Kuwait Holding makes acquisition bid for Emisal Salts","author":"enterpriseam admin","date":"7 February 2019","format":false,"excerpt":"M&A WATCH- EK Holding makes bid for Emisal Salts: Investment firm EK Holding is making a play to acquire salt producer Emisal Salts, according to a report in thedomestic press. The National Bank of Egypt, the largest shareholder in Emisal, will lead the sale process on behalf of other state-owned\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":600745,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-kuwait-holding-moves-ahead-with-bid-for-emisal-salts\/","url_meta":{"origin":595317,"position":4},"title":"Egypt Kuwait Holding moves ahead with bid for Emisal Salts","author":"enterpriseam admin","date":"10 February 2019","format":false,"excerpt":"M&A WATCH- EK Holding moves ahead with bid for Emisal Salts: Investment firm EK Holding has submitted a tender offer for a majority stake in salt producer Emisal Salts, according to an EGX disclosure (pdf). No details were provided on the value of the bid, which is still subject 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":598829,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/gcc-egyptian-consortium-looking-to-acquire-emisal-salts-for-at-least-egp-700-mn\/","url_meta":{"origin":595317,"position":5},"title":"GCC-Egyptian consortium looking to acquire Emisal Salts for at least EGP 700 mn","author":"enterpriseam admin","date":"10 June 2019","format":false,"excerpt":"M&A WATCH- A bidding war for Emisal Salts? 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