{"id":630453,"date":"2018-04-22T04:08:42","date_gmt":"2018-04-22T04:08:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/bloomberg-claims-sodic-mnhd-have-reached-initial-understanding-to-combine-their-business\/"},"modified":"2018-04-22T04:08:42","modified_gmt":"2018-04-22T04:08:42","slug":"bloomberg-claims-sodic-mnhd-have-reached-initial-understanding-to-combine-their-business","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/bloomberg-claims-sodic-mnhd-have-reached-initial-understanding-to-combine-their-business\/","title":{"rendered":"Bloomberg claims SODIC, MNHD have reached \u201cinitial understanding\u201d to combine their business."},"content":{"rendered":"<p><strong>M&A WATCH- <\/strong><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-04-19\/medinet-nasr-sodic-said-to-reach-initial-understanding-on-deal-jg6bajxr\">Bloomberg<\/a> was out on Thursday with a piece suggesting that <strong>SODIC and MNHD<\/strong> have \u201creached an initial understanding on a tie-up that would create one of the biggest private property developers in the country,\u201d adding that, \u201c<strong>we reached out to both companies<\/strong> and were told there\u2019s nothing new. EFG Hermes is advising MNHD, while SODIC has yet to hire an advisor.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- Bloomberg was out on Thursday with a piece suggesting that SODIC and MNHD have \u201creached an initial understanding on a tie-up that would create one of the biggest private property developers in the country,\u201d adding that, \u201cwe reached out to both companies and were told there\u2019s nothing new. EFG Hermes is advising MNHD, [&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-630453","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"0d98a548-0771-45f4-8e68-a7897f3838a2","order":"0","is_powered_by":true,"section_story_id":"a2061a40-aa8a-4b5e-90a8-0d61b932d364","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630441],"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>Bloomberg claims SODIC, MNHD have reached \u201cinitial understanding\u201d to combine their business. - 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\/22\/bloomberg-claims-sodic-mnhd-have-reached-initial-understanding-to-combine-their-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bloomberg claims SODIC, MNHD have reached \u201cinitial understanding\u201d to combine their business.\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- Bloomberg was out on Thursday with a piece suggesting that SODIC and MNHD have \u201creached an initial understanding on a tie-up that would create one of the biggest private property developers in the country,\u201d adding that, \u201cwe reached out to both companies and were told there\u2019s nothing new. 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