{"id":628046,"date":"2018-06-24T04:29:36","date_gmt":"2018-06-24T04:29:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/mondi-completes-acquisition-of-npp\/"},"modified":"2018-06-24T04:29:36","modified_gmt":"2018-06-24T04:29:36","slug":"mondi-completes-acquisition-of-npp","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/mondi-completes-acquisition-of-npp\/","title":{"rendered":"Mondi completes acquisition of NPP"},"content":{"rendered":"<p><strong>M&A WATCH- Mondi completes acquisition of NPP: <\/strong>London- and Johannesburg-listed Mondi Group has completed the acquisition of 100% of Egyptian industrial bags maker National Company for Paper Products (NPP) for EUR 24 mn (EGP 510 mn), Mondi <a href=\"https:\/\/www.mondigroup.com\/en\/newsroom\/media-centre\/press-releases\/2018\/mondi-group-completes-the-acquisition-of-npp-in-egypt\/\">said in a press release<\/a> on Wednesday. \u201cWe are excited to have completed this acquisition, which complements our existing network in the growing Middle East region and allows us to grow our business and better serve our customers,\u201d said Mondi\u2019s Fibre Packaging CEO Erik Bouts. Mondi has been working to expand its presence in Egypt and <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/04\/mondi-in-final-stages-of-suez-bags-acquisition\/\">is reportedly close<\/a> to acquiring the remaining 70.1% stake in the Suez Bags company in a transaction valued at EGP 300-400 mn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- Mondi completes acquisition of NPP: London- and Johannesburg-listed Mondi Group has completed the acquisition of 100% of Egyptian industrial bags maker National Company for Paper Products (NPP) for EUR 24 mn (EGP 510 mn), Mondi said in a press release on Wednesday. \u201cWe are excited to have completed this acquisition, which complements our [&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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628046","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"97f05ea8-9fc1-4db2-84ca-6a56ddf6d33e","order":"0","is_powered_by":true,"section_story_id":"df65e825-450f-4737-aef8-9552c08bf292","story_type":"1","photo_url":"","photo_position":"above","related_issue":[628029],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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Mondi will buy 7,666,435 shares at a price of EGP 26.01 per share,\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":625402,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/05\/mondi-completes-suez-bags-acquisition\/","url_meta":{"origin":628046,"position":2},"title":"Mondi completes Suez Bags acquisition","author":"enterpriseam admin","date":"5 August 2018","format":false,"excerpt":"M&A WATCH- Mondi completes Suez Bags acquisition. The EGX announced on Thursday that Mondi Paper Sales completed its acquisition of Suez Bags, having bought 7.23 mn shares at EGP 26.01 per share in a EGP 188.1 mn transaction, Al Mal reports, citing a bourse statement. The offer price valued the\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":628265,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/28\/mondi-plans-to-delist-suez-bags-once-acquisition-is-complete\/","url_meta":{"origin":628046,"position":3},"title":"Mondi plans to delist Suez Bags once acquisition is complete","author":"enterpriseam admin","date":"28 June 2018","format":false,"excerpt":"M&A WATCH- Mondi Paper Sales is reportedly planning to delist Suez Bags from the EGX after it completes the acquisition of a 70.1% stake in the company, Al Mal reports, providing no reason for the decision. 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The transaction received regulatory\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":628089,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/25\/pharos-was-sell-side-adviser-on-the-sale-of-national-paper-products-to-mondi\/","url_meta":{"origin":628046,"position":5},"title":"Pharos was sell-side adviser on the sale of National Paper Products to Mondi","author":"enterpriseam admin","date":"25 June 2018","format":false,"excerpt":"M&A WATCH- Pharos was sell-side adviser on the sale of NPP to Mondi: Our friends at Pharos Holding were sell-side advisors on the sale of 100% of National Company for Paper Products (NPP) to Mondi Group for USD 29 mn (EGP 510 mn), the firm said in a statement on\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/628046","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=628046"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/628046\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/628029"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=628046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=628046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=628046"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=628046"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=628046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}