{"id":628089,"date":"2018-06-25T04:52:54","date_gmt":"2018-06-25T04:52:54","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/25\/pharos-was-sell-side-adviser-on-the-sale-of-national-paper-products-to-mondi\/"},"modified":"2018-06-25T04:52:54","modified_gmt":"2018-06-25T04:52:54","slug":"pharos-was-sell-side-adviser-on-the-sale-of-national-paper-products-to-mondi","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/25\/pharos-was-sell-side-adviser-on-the-sale-of-national-paper-products-to-mondi\/","title":{"rendered":"Pharos was sell-side adviser on the sale of National Paper Products to Mondi"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>M&A WATCH- Pharos was sell-side adviser on the sale of NPP to Mondi:<\/strong> 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 <a href=\"https:\/\/ent.news\/2018\/6\/979.pdf\">said in a statement on Sunday (pdf)<\/a>. The sale of the provider of the Kraft paper bag packaging to London- and Johannesburg-listed Mondi highlights the appeal of Egyptian industry to foreign investors, the firm said. \u201cInvestor sentiment towards Egypt is turning positive and continues to improve as Egypt reaps the benefits of its economic reforms,\u201d said Pharos Managing Director and Co-CEO Aladdin El-Afifi. Al Tamimi and Co. were the legal advisors on the transaction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;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 Sunday (pdf). The sale of [&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-628089","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"91ab9eda-e665-436d-8882-e8ffdf895449","order":"0","is_powered_by":true,"section_story_id":"8a3b376b-9173-4e2f-aad4-d49f6b671955","story_type":"1","photo_url":"","photo_position":"above","related_issue":[628075],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Pharos was sell-side adviser on the sale of National Paper Products to Mondi - 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\/06\/25\/pharos-was-sell-side-adviser-on-the-sale-of-national-paper-products-to-mondi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pharos was sell-side adviser on the sale of National Paper Products to Mondi\" \/>\n<meta property=\"og:description\" content=\"M&amp;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 Sunday (pdf). 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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":628187,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/fra-signs-off-on-mondi-acquisition-of-suez-bags\/","url_meta":{"origin":628089,"position":3},"title":"FRA signs off on Mondi acquisition of Suez Bags","author":"enterpriseam admin","date":"27 June 2018","format":false,"excerpt":"M&A WATCH- FRA signs off on Mondi acquisition of Suez Bags: The Financial Regulatory Authority (FRA) gave its official blessing to Mondi\u2019s acquisition of a 70.1% stake in Suez Bags, according to an EGX notice on Tuesday. 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":627246,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/26\/pharos-acts-as-broker-for-mondis-acquisition-of-suez-bags\/","url_meta":{"origin":628089,"position":4},"title":"Pharos acts as broker for Mondi\u2019s acquisition of Suez Bags","author":"enterpriseam admin","date":"26 July 2018","format":false,"excerpt":"M&A WATCH- Mondi to complete MTO of Suez Bags next week: Mondi Paper Sales plans to complete its mandatory tender offer to acquire a 70.1% stake in Suez Bags by 31 July as per the deadline set by the Financial Regulatory Authority, our friend and Pharos Holding Managing Director Essam\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":645399,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/19\/suez-bags-receives-acquisition-offer-from-mondi-group\/","url_meta":{"origin":628089,"position":5},"title":"Suez Bags receives acquisition offer from Mondi Group","author":"enterpriseam admin","date":"19 July 2017","format":false,"excerpt":"M&A WATCH- Suez Bags is reportedly an acquisition target, sources close to the transaction tell Al Borsa. 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