{"id":598958,"date":"2019-06-13T04:00:00","date_gmt":"2019-06-13T04:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/13\/nbe-extends-bidding-process-period-for-emisal-salts-to-end-of-month\/"},"modified":"2019-06-13T04:00:00","modified_gmt":"2019-06-13T04:00:00","slug":"nbe-extends-bidding-process-period-for-emisal-salts-to-end-of-month","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/13\/nbe-extends-bidding-process-period-for-emisal-salts-to-end-of-month\/","title":{"rendered":"NBE extends bidding process period for Emisal Salts to end of month"},"content":{"rendered":"

<\/a> M&A WATCH- Bidders have until the end of this month to submit tender offers for Emisal:<\/b> The National Bank of Egypt is giving would-be bidders until the end of the month to make offers for Emisal Salts, company sources told the local press<\/a>. Earlier this week<\/a>, a consortium made up of Kuwait\u2019s Al Madar Finance and Investment and the Saudi-Egyptian Industrial Investment (SEII) said it was looking to acquire Emisal, potentially triggering a bidding war with Egypt Kuwait Holding, which had made an approach back in February<\/a>. NBE is leading the sale process on behalf of other state-owned shareholders.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- Bidders have until the end of this month to submit tender offers for Emisal: The National Bank of Egypt is giving would-be bidders until the end of the month to make offers for Emisal Salts, company sources told the local press. Earlier this week, a consortium made up of Kuwait\u2019s Al Madar Finance […]<\/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":[11061,72,7128,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598958","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-emisal-salts","tag-enterpriseam","tag-ma-watch","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"ff84f954-b4d4-4212-9e4d-5eabfbcc4aff","is_powered_by":true,"section_story_id":"5d6dcb6b-510e-460d-bd26-342205d89224","story_type":"1","photo_url":"","photo_position":"above","related_issue":[598947],"teaser":"","voice_url":""},"yoast_head":"\nNBE extends bidding process period for Emisal Salts to 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\/06\/13\/nbe-extends-bidding-process-period-for-emisal-salts-to-end-of-month\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBE extends bidding process period for Emisal Salts to end of month\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- Bidders have until the end of this month to submit tender offers for Emisal: The National Bank of Egypt is giving would-be bidders until the end of the month to make offers for Emisal Salts, company sources told the local press. 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A consortium made up of Kuwait\u2019s Al Madar Finance and Investment and the Saudi-Egyptian Industrial Investment (SEII) is looking to acquire Emisal Salts, potentially triggering a bidding war with Egypt Kuwait Holding. 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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 "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\/2019\/11\/2827.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593100,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/18\/ekhs-emisal-salts-acquisition-bid-stalls-on-lackluster-tender-offer\/","url_meta":{"origin":598958,"position":4},"title":"EKH\u2019s Emisal Salts acquisition bid stalls on lackluster tender offer","author":"enterpriseam admin","date":"18 November 2019","format":false,"excerpt":"M&A WATCH- EKH\u2019s bid to acquire a majority stake in Emisal Salts looks stalled: Egypt Kuwait Holding\u2019s (EKH) acquisition of a majority stake in state-owned Emisal Salts appears stalled after shareholders pledged stock that in aggregate fell short of EKH\u2019s target, EKH said in an EGX disclosure (pdf). 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