{"id":622869,"date":"2018-10-15T04:02:33","date_gmt":"2018-10-15T04:02:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/polyserve-to-submit-mto-to-snap-up-100-of-ferc\/"},"modified":"2018-10-15T04:02:33","modified_gmt":"2018-10-15T04:02:33","slug":"polyserve-to-submit-mto-to-snap-up-100-of-ferc","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/polyserve-to-submit-mto-to-snap-up-100-of-ferc\/","title":{"rendered":"Polyserve to submit MTO to snap up 100% of FERC"},"content":{"rendered":"

M&A WATCH- Polyserve to submit MTO for 100% stake in FERC: <\/strong>Fertilizer manufacturer Polyserve Group<\/a> will submit a mandatory tender offer (MTO) to acquire 100% Ferchem Masr for Fertilizers and Chemicals<\/a> (FERC) at a cost of about EGP 110 mn, according to a bourse disclosure (pdf)<\/a>. Polyserve is looking to buy 17.5 mn shares in FERC at EGP 6.31 per share. The MTO is pending approval from the company\u2019s general assembly. Polyserve is also considering an IPO on the EGX, according an August announcement<\/a> from the International Agricultural Products Company (IAPC), which holds a 20.4% stake in Polyserve. IAPC also owns 15.7% of FERC.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- Polyserve to submit MTO for 100% stake in FERC: Fertilizer manufacturer Polyserve Group will submit a mandatory tender offer (MTO) to acquire 100% Ferchem Masr for Fertilizers and Chemicals (FERC) at a cost of about EGP 110 mn, according to a bourse disclosure (pdf). Polyserve is looking to buy 17.5 mn shares 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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622869","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b90f7758-83c1-46df-8be7-1e86c0c9de35","order":"0","is_powered_by":true,"section_story_id":"48b25700-94d2-42af-9dfa-e1899c37f6d3","story_type":"1","photo_url":"","photo_position":"above","related_issue":[622859],"teaser":"","voice_url":""},"yoast_head":"\nPolyserve to submit MTO to snap up 100% of FERC - 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\/2018\/10\/15\/polyserve-to-submit-mto-to-snap-up-100-of-ferc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Polyserve to submit MTO to snap up 100% of FERC\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- Polyserve to submit MTO for 100% stake in FERC: Fertilizer manufacturer Polyserve Group will submit a mandatory tender offer (MTO) to acquire 100% Ferchem Masr for Fertilizers and Chemicals (FERC) at a cost of about EGP 110 mn, according to a bourse disclosure (pdf). Polyserve is looking to buy 17.5 mn shares in […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/polyserve-to-submit-mto-to-snap-up-100-of-ferc\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-15T04:02:33+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\/2018\/10\/15\/polyserve-to-submit-mto-to-snap-up-100-of-ferc\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/polyserve-to-submit-mto-to-snap-up-100-of-ferc\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Polyserve to submit MTO to snap up 100% of FERC\",\"datePublished\":\"2018-10-15T04:02:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/polyserve-to-submit-mto-to-snap-up-100-of-ferc\/\"},\"wordCount\":108,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/polyserve-to-submit-mto-to-snap-up-100-of-ferc\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/polyserve-to-submit-mto-to-snap-up-100-of-ferc\/\",\"name\":\"Polyserve to submit MTO to snap up 100% of FERC - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-10-15T04:02:33+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/polyserve-to-submit-mto-to-snap-up-100-of-ferc\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/polyserve-to-submit-mto-to-snap-up-100-of-ferc\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/polyserve-to-submit-mto-to-snap-up-100-of-ferc\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Polyserve to submit MTO to snap up 100% of FERC\"}]},{\"@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":"Polyserve to submit MTO to snap up 100% of FERC - 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\/2018\/10\/15\/polyserve-to-submit-mto-to-snap-up-100-of-ferc\/","og_locale":"en_US","og_type":"article","og_title":"Polyserve to submit MTO to snap up 100% of FERC","og_description":"M&A WATCH- Polyserve to submit MTO for 100% stake in FERC: Fertilizer manufacturer Polyserve Group will submit a mandatory tender offer (MTO) to acquire 100% Ferchem Masr for Fertilizers and Chemicals (FERC) at a cost of about EGP 110 mn, according to a bourse disclosure (pdf). 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