{"id":602392,"date":"2019-03-26T03:45:39","date_gmt":"2019-03-26T03:45:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/pioneers-holding-seeking-to-exit-some-of-its-subsidiaries-increase-stake-in-others\/"},"modified":"2019-03-26T03:45:39","modified_gmt":"2019-03-26T03:45:39","slug":"pioneers-holding-seeking-to-exit-some-of-its-subsidiaries-increase-stake-in-others","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/pioneers-holding-seeking-to-exit-some-of-its-subsidiaries-increase-stake-in-others\/","title":{"rendered":"Pioneers Holding seeking to exit some of its subsidiaries, increase stake in others"},"content":{"rendered":"

Pioneers Holding is looking at a partial or complete exit from some of its 60 units, and plans to increase its stakes in some of its other subsidiaries to maximize shareholders\u2019 value, Al Mal reports<\/a><\/u>. The company is currently developing future plans of its subsidiaries. Pioneers is in the process of increasing its stake<\/a><\/u> in Electric Cable Egypt to 90%, from a current 48.5%.<\/p>\n","protected":false},"excerpt":{"rendered":"

Pioneers Holding is looking at a partial or complete exit from some of its 60 units, and plans to increase its stakes in some of its other subsidiaries to maximize shareholders\u2019 value, Al Mal reports. The company is currently developing future plans of its subsidiaries. Pioneers is in the process of increasing its stake in […]<\/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":[9315],"tags":[72,7128,2390,3307],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-602392","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-ma-watch","tag-other-business-news-of-note","tag-pioneers-holding","wpautop","entry"],"acf":{"mongo_id":"89edcc8b-ade7-40c8-8fff-d94dad123f39","is_powered_by":true,"section_story_id":"5923b7ff-168b-4285-aca6-c84321046855","story_type":"1","photo_url":"","photo_position":"above","related_issue":[602357],"teaser":"","voice_url":""},"yoast_head":"\nPioneers Holding seeking to exit some of its subsidiaries, increase stake in others - 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\/03\/26\/pioneers-holding-seeking-to-exit-some-of-its-subsidiaries-increase-stake-in-others\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pioneers Holding seeking to exit some of its subsidiaries, increase stake in others\" \/>\n<meta property=\"og:description\" content=\"Pioneers Holding is looking at a partial or complete exit from some of its 60 units, and plans to increase its stakes in some of its other subsidiaries to maximize shareholders\u2019 value, Al Mal reports. 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Pioneers is in the process of increasing its stake in […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/pioneers-holding-seeking-to-exit-some-of-its-subsidiaries-increase-stake-in-others\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-26T03:45:39+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\/2019\/03\/26\/pioneers-holding-seeking-to-exit-some-of-its-subsidiaries-increase-stake-in-others\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/pioneers-holding-seeking-to-exit-some-of-its-subsidiaries-increase-stake-in-others\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Pioneers Holding seeking to exit some of its subsidiaries, increase stake in others\",\"datePublished\":\"2019-03-26T03:45:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/pioneers-holding-seeking-to-exit-some-of-its-subsidiaries-increase-stake-in-others\/\"},\"wordCount\":74,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"M&A Watch\",\"Other Business News of Note\",\"Pioneers Holding\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/pioneers-holding-seeking-to-exit-some-of-its-subsidiaries-increase-stake-in-others\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/pioneers-holding-seeking-to-exit-some-of-its-subsidiaries-increase-stake-in-others\/\",\"name\":\"Pioneers Holding seeking to exit some of its subsidiaries, increase stake in others - 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It remains unclear what these investments will be used for. 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For Contracting\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594229,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/pioneers-holding-hires-fincorp-to-prepare-a-fair-value-study-for-its-shares-and-five-subsidiaries\/","url_meta":{"origin":602392,"position":2},"title":"Pioneers Holding hires Fincorp to prepare a fair value study for its shares and five subsidiaries","author":"enterpriseam admin","date":"23 October 2019","format":false,"excerpt":"M&A WATCH- Pioneers Holding hires Fincorp to prepare a FV for its five-way MTO: Pioneers Holding has hired Fincorp to prepare a fair value study for its shares and five of its subsidiaries as a prelude to acquiring new stakes in them, the company said in a disclosure to the\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":557386,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/16\/pioneers-holding-applies-to-register-two-new-subsidiaries-ahead-of-egx-debuts\/","url_meta":{"origin":602392,"position":3},"title":"Pioneers Holding applies to register two new subsidiaries ahead of EGX debuts","author":"enterpriseam admin","date":"16 September 2021","format":false,"excerpt":"Pioneers Holding submitted a request to register its two new subsidiaries with the Financial Regulatory Authority (FRA) in preparation for their debut on the EGX, the company said in a bourse filing (pdf). The new companies \u2014 Pioneers Properties and Gadwa Industrial Development \u2014 will focus on real estate and\u2026","rel":"","context":"In "DEMERGER WATCH"","block_context":{"text":"DEMERGER WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/demerger-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/228.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569872,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/10\/pioneers-holding-to-move-ahead-with-five-way-mto-after-lowering-share-price\/","url_meta":{"origin":602392,"position":4},"title":"Pioneers Holding to move ahead with five-way MTO after lowering share price","author":"enterpriseam admin","date":"10 March 2020","format":false,"excerpt":"M&A WATCH- Pioneers Holding to move ahead with its five-way MTO after lowering share swap price: Pioneers Holding has decided to proceed with acquiring new stakes in five of its subsidiaries despite the Financial Regulatory Authority (FRA) requesting that it lower the share prices from the valuation submitted earlier this\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567338,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/20\/pioneers-holding-requests-30-day-extension-to-mto-deadline-to-appoint-new-financial-advisor\/","url_meta":{"origin":602392,"position":5},"title":"Pioneers Holding requests 30-day extension to MTO deadline to appoint new financial advisor","author":"enterpriseam admin","date":"20 January 2020","format":false,"excerpt":"M&A WATCH- Pioneers Holding requests 30-day extension for MTO deadline to appoint new financial advisor: Pioneers Holding has submitted a request to the Financial Regulatory Authority (FRA) for a 30-day extension to submit its mandatory tender offer (MTO) for five of its subsidiaries to appoint a new independent financial advisor\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\/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\/602392","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=602392"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/602392\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/602357"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=602392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=602392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=602392"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=602392"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=602392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}