{"id":628370,"date":"2018-05-02T04:18:50","date_gmt":"2018-05-02T04:18:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/mondi-confirms-it-will-acquire-npp-for-usd-28-7-mn\/"},"modified":"2018-05-02T04:18:50","modified_gmt":"2018-05-02T04:18:50","slug":"mondi-confirms-it-will-acquire-npp-for-usd-28-7-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/mondi-confirms-it-will-acquire-npp-for-usd-28-7-mn\/","title":{"rendered":"Mondi confirms it will acquire NPP for USD 28.7 mn"},"content":{"rendered":"

M&A WATCH- Mondi confirms USD 28.7 mn NPP acquisition: <\/strong>Mondi Paper Sales said on Monday that it has agreed to acquire 100% of Egyptian industrial bags maker National Company for Paper Products (NPP) for USD 28.75 mn (around EGP 500 mn) \u201cto expand deeper into the Middle East,\u201d Reuters reports<\/a>. \u201cThe acquisition of NPP complements our network of plants in the growing Middle East region and provides us with a leading position in Egypt to grow our business and better serve our customers,\u201d said Mondi\u2019is Fibre Packaging CEO Erik Bouts. Mondi has been working to expand its presence in Egypt and had applied for a mandatory tender offer to acquire the remaining 70.1% stake in the Suez Bags company in a transaction valued at EGP 199.4 mn.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- Mondi confirms USD 28.7 mn NPP acquisition: Mondi Paper Sales said on Monday that it has agreed to acquire 100% of Egyptian industrial bags maker National Company for Paper Products (NPP) for USD 28.75 mn (around EGP 500 mn) \u201cto expand deeper into the Middle East,\u201d Reuters reports. \u201cThe acquisition of NPP complements […]<\/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-628370","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"6002f135-dc29-42fa-abd4-467d1a43b90e","order":"0","is_powered_by":true,"section_story_id":"8ed63599-9766-42f7-9186-e4d25657568d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[628355],"teaser":"","voice_url":""},"yoast_head":"\nMondi confirms it will acquire NPP for USD 28.7 mn - 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\/05\/02\/mondi-confirms-it-will-acquire-npp-for-usd-28-7-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mondi confirms it will acquire NPP for USD 28.7 mn\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- Mondi confirms USD 28.7 mn NPP acquisition: Mondi Paper Sales said on Monday that it has agreed to acquire 100% of Egyptian industrial bags maker National Company for Paper Products (NPP) for USD 28.75 mn (around EGP 500 mn) \u201cto expand deeper into the Middle East,\u201d Reuters reports. \u201cThe acquisition of NPP complements […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/mondi-confirms-it-will-acquire-npp-for-usd-28-7-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-02T04:18:50+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/mondi-confirms-it-will-acquire-npp-for-usd-28-7-mn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/mondi-confirms-it-will-acquire-npp-for-usd-28-7-mn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Mondi confirms it will acquire NPP for USD 28.7 mn\",\"datePublished\":\"2018-05-02T04:18:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/mondi-confirms-it-will-acquire-npp-for-usd-28-7-mn\/\"},\"wordCount\":132,\"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\/05\/02\/mondi-confirms-it-will-acquire-npp-for-usd-28-7-mn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/mondi-confirms-it-will-acquire-npp-for-usd-28-7-mn\/\",\"name\":\"Mondi confirms it will acquire NPP for USD 28.7 mn - 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Mondi will buy 7,666,435 shares at a price of EGP 26.01 per share,\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":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":628370,"position":2},"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 "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":627501,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/mondi-in-final-stages-of-suez-bags-acquisition\/","url_meta":{"origin":628370,"position":3},"title":"Mondi in final stages of Suez Bags acquisition","author":"enterpriseam admin","date":"4 June 2018","format":false,"excerpt":"M&A WATCH- Mondi in final stages of Suez Bags acquisition: Mondi Paper Sales has nearly finished its acquisition of a 70.1% stake in Suez Bags in a transaction valued at EGP 300-400 mn, Zaki Hashem law office Senior Partner Yasser Hashem tells Al Masry Al Youm. The transaction received regulatory\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":630511,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/23\/austrias-mondi-paper-sales-reportedly-acquires-national-paper-products-in-egp-500-mn-transaction\/","url_meta":{"origin":628370,"position":4},"title":"Austria\u2019s Mondi Paper Sales reportedly acquires National Paper Products in EGP 500 mn transaction","author":"enterpriseam admin","date":"23 April 2018","format":false,"excerpt":"M&A WATCH- Austria\u2019s Mondi Paper Sales has reportedly acquired the National Paper Products Company for EGP 500 mn, sources said on Sunday. The transaction, which saw Mondi acquire full ownership of the company, closed last week, the sources added. 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