{"id":629991,"date":"2018-04-05T03:57:06","date_gmt":"2018-04-05T03:57:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/05\/univerts-majority-shareholder-seeks-fra-approval-to-purchase-remaining-stake\/"},"modified":"2018-04-05T03:57:06","modified_gmt":"2018-04-05T03:57:06","slug":"univerts-majority-shareholder-seeks-fra-approval-to-purchase-remaining-stake","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/05\/univerts-majority-shareholder-seeks-fra-approval-to-purchase-remaining-stake\/","title":{"rendered":"Univert\u2019s majority shareholder seeks FRA approval to purchase remaining stake"},"content":{"rendered":"

Univert Food Industries\u2019 majority shareholder Mohammed Ahmad Basamh is seeking approval from the Financial Regulatory Authority (FRA) to make a mandatory offer to purchase 100% of the company, according to a company release (pdf)<\/a>. Basamh, who owns 60.1% of the company, is looking to purchase the remaining 39.9% at EGP 1.00 per share.<\/p>\n","protected":false},"excerpt":{"rendered":"

Univert Food Industries\u2019 majority shareholder Mohammed Ahmad Basamh is seeking approval from the Financial Regulatory Authority (FRA) to make a mandatory offer to purchase 100% of the company, according to a company release (pdf). Basamh, who owns 60.1% of the company, is looking to purchase the remaining 39.9% at EGP 1.00 per share.<\/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":[9309],"tags":[2416,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-629991","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"29701a1b-353e-422d-9dce-c6df6457499d","order":"0","is_powered_by":true,"section_story_id":"ec3a2c20-7f61-4436-9842-d7dbb2b1da29","story_type":"1","photo_url":"","photo_position":"above","related_issue":[629954],"teaser":"","voice_url":""},"yoast_head":"\nUnivert\u2019s majority shareholder seeks FRA approval to purchase remaining stake - 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\/04\/05\/univerts-majority-shareholder-seeks-fra-approval-to-purchase-remaining-stake\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Univert\u2019s majority shareholder seeks FRA approval to purchase remaining stake\" \/>\n<meta property=\"og:description\" content=\"Univert Food Industries\u2019 majority shareholder Mohammed Ahmad Basamh is seeking approval from the Financial Regulatory Authority (FRA) to make a mandatory offer to purchase 100% of the company, according to a company release (pdf). Basamh, who owns 60.1% of the company, is looking to purchase the remaining 39.9% at EGP 1.00 per share.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/05\/univerts-majority-shareholder-seeks-fra-approval-to-purchase-remaining-stake\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-05T03:57:06+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\/04\/05\/univerts-majority-shareholder-seeks-fra-approval-to-purchase-remaining-stake\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/05\/univerts-majority-shareholder-seeks-fra-approval-to-purchase-remaining-stake\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Univert\u2019s majority shareholder seeks FRA approval to purchase remaining stake\",\"datePublished\":\"2018-04-05T03:57:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/05\/univerts-majority-shareholder-seeks-fra-approval-to-purchase-remaining-stake\/\"},\"wordCount\":60,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"EnterpriseAM\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/05\/univerts-majority-shareholder-seeks-fra-approval-to-purchase-remaining-stake\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/05\/univerts-majority-shareholder-seeks-fra-approval-to-purchase-remaining-stake\/\",\"name\":\"Univert\u2019s majority shareholder seeks FRA approval to purchase remaining stake - 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