{"id":624711,"date":"2018-09-17T04:11:37","date_gmt":"2018-09-17T04:11:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/17\/matouk-bassiouny-chosen-as-legal-counsel-in-eastern-sale\/"},"modified":"2018-09-17T04:11:37","modified_gmt":"2018-09-17T04:11:37","slug":"matouk-bassiouny-chosen-as-legal-counsel-in-eastern-sale","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/17\/matouk-bassiouny-chosen-as-legal-counsel-in-eastern-sale\/","title":{"rendered":"Matouk Bassiouny chosen as legal counsel in Eastern sale"},"content":{"rendered":"

<\/a> **#5 EXCLUSIVE- Matouk Bassiouny wins mandate on Eastern sale: <\/strong>Law firm Matouk Bassiouny has been chosen to act as legal counsel on the 4.5% stake sale of Eastern Company, a Finance Ministry source told Enterprise. The news has yet to be made official. EFG Hermes was tapped earlier this month<\/a><\/u> as banker for the transaction, which will pilot the privatization program. A final date has yet to be set for the sale, which is widely expected to be executed in October.<\/p>\n

Abu Qir to be the third company in the program: <\/strong>Abu Qir Fertilizers will be the third company state-owned company to stake on the EGX after Eastern Company and the Alexandria Mineral Oils Company (AMOC), the source added. Abu Qir will sell shares in November. Investment banks are now bidding for the mandate.<\/p>\n","protected":false},"excerpt":{"rendered":"

**#5 EXCLUSIVE- Matouk Bassiouny wins mandate on Eastern sale: Law firm Matouk Bassiouny has been chosen to act as legal counsel on the 4.5% stake sale of Eastern Company, a Finance Ministry source told Enterprise. The news has yet to be made official. EFG Hermes was tapped earlier this month as banker for the transaction, […]<\/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-624711","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5e90d116-5ba4-4f66-a3c0-2abbebe19a7f","order":"0","is_powered_by":true,"section_story_id":"1674a629-e29e-4e25-ba10-e8d08c67085b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[624693],"teaser":"","voice_url":""},"yoast_head":"\nMatouk Bassiouny chosen as legal counsel in Eastern 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\/2018\/09\/17\/matouk-bassiouny-chosen-as-legal-counsel-in-eastern-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Matouk Bassiouny chosen as legal counsel in Eastern sale\" \/>\n<meta property=\"og:description\" content=\"**#5 EXCLUSIVE- Matouk Bassiouny wins mandate on Eastern sale: Law firm Matouk Bassiouny has been chosen to act as legal counsel on the 4.5% stake sale of Eastern Company, a Finance Ministry source told Enterprise. The news has yet to be made official. 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AMOC is in line to sell shares representing as much as 30% of the company\u2019s equity on the EGX 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":622761,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/11\/zulficar-partners-tapped-as-legal-counsel-on-eastern-tobacco-sale\/","url_meta":{"origin":624711,"position":1},"title":"Zulficar & Partners tapped as legal counsel on Eastern Tobacco sale","author":"enterpriseam admin","date":"11 October 2018","format":false,"excerpt":"** #4 EXCLUSIVE- IPO WATCH- Zulficar & Partners tapped as legal counsel on Eastern sale: Zulficar & Partners has been chosen to act as legal counsel to Eastern Company on the sale of a 4.5% stake in the state-owned tobacco maker, a source close to the transaction told Enterprise on\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":622466,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/02\/eastern-tobacco-share-sale-taking-place-in-second-half-of-october\/","url_meta":{"origin":624711,"position":2},"title":"Eastern Tobacco share sale taking place in second half of October","author":"enterpriseam admin","date":"2 October 2018","format":false,"excerpt":"EXCLUSIVE- Eastern Tobacco stake sale set for second half of October: The sale of 4.5% of Eastern Company is definitely on track for October, a senior government source told Enterprise yesterday. While the source declined to reveal the exact date, they noted that it will take place sometime in 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":576371,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/22\/matouk-bassiouny-hennawy-to-advise-on-odhs-sale-of-orascom-housing-communities\/","url_meta":{"origin":624711,"position":3},"title":"Matouk Bassiouny & Hennawy to advise on ODH\u2019s sale of Orascom Housing Communities","author":"enterpriseam admin","date":"22 November 2020","format":false,"excerpt":"APPOINTMENTS- Law firm Matouk Bassiouny & Hennawy has been appointed to advise Orascom Development Holding (ODH) on the sale of its stake in Orascom Housing Communities, Al Shorouk reports, citing unnamed sources familiar with the matter. ODH announced last week that it is seeking to sell some or all of\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":624761,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/18\/egypt-on-track-to-sell-stakes-from-five-state-owned-companies-before-years-end-share-prices-to-range-within-10-of-market-average\/","url_meta":{"origin":624711,"position":4},"title":"Egypt on track to sell stakes from five state-owned companies before year\u2019s end, share prices to range within 10% of market average","author":"enterpriseam admin","date":"18 September 2018","format":false,"excerpt":"IPO WATCH- Five state companies to tap capital markets by year\u2019s end, offerings to be priced within 10% of market: The offer price for the five state-owned companies that will sell additional stakes on the EGX over the coming three months will be set within 10% of the trailing market\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":627296,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/29\/cihc-hopes-to-raise-over-egp-3-bn-from-sale-of-stake-in-eastern-company-abu-qir-fertilizers\/","url_meta":{"origin":624711,"position":5},"title":"CIHC hopes to raise over EGP 3 bn from sale of stake in Eastern Company, Abu Qir Fertilizers","author":"enterpriseam admin","date":"29 July 2018","format":false,"excerpt":"CIHC hopes to raise over EGP 3 bn from sale of stake in Eastern Company, Abu Qir Fertilizers: The Chemical Industries Holding Company (CIHC) is hoping to raise more than EGP 3 bn from the sale of stakes in Eastern Company and Abu Qir Fertilizers on the EGX later 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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/624711","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=624711"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/624711\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/624693"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=624711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=624711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=624711"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=624711"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=624711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}