{"id":630511,"date":"2018-04-23T04:26:24","date_gmt":"2018-04-23T04:26:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/23\/austrias-mondi-paper-sales-reportedly-acquires-national-paper-products-in-egp-500-mn-transaction\/"},"modified":"2018-04-23T04:26:24","modified_gmt":"2018-04-23T04:26:24","slug":"austrias-mondi-paper-sales-reportedly-acquires-national-paper-products-in-egp-500-mn-transaction","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/23\/austrias-mondi-paper-sales-reportedly-acquires-national-paper-products-in-egp-500-mn-transaction\/","title":{"rendered":"Austria\u2019s Mondi Paper Sales reportedly acquires National Paper Products in EGP 500 mn transaction"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>M&A WATCH- Austria\u2019s <\/strong><a href=\"https:\/\/www.mondigroup.com\/en\/about-mondi\/where-we-operate\/our-locations\/europe\/austria\/mondi-paper-sales-gmbh\/\"><strong>Mondi Paper Sales<\/strong><\/a><strong> has reportedly acquired the National Paper Products Company for EGP 500 mn<\/strong>, <a href=\"https:\/\/alborsanews.com\/2018\/04\/22\/1100288\">sources said on Sunday<\/a>. The transaction, which saw Mondi acquire full ownership of the company, closed last week, the sources added. The move comes as Mondi has been increasing its acquisitions in Egypt. The company applied for a mandatory tender offer to acquire the remaining 70.1% stake in Suez Bags <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/26\/mondi-applies-for-fra-approval-of-mto-to-acquire-suez-bags\/\">back in February<\/a>. Mondi values the Suez Bags transaction at EGP 199.4 mn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;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. The move comes as Mondi has been increasing its acquisitions in Egypt. The company applied for [&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-630511","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"bd453fe7-a446-4d9a-b0c9-48f81109975d","order":"0","is_powered_by":true,"section_story_id":"17c1d815-9ae4-4552-ba14-52f09db163e9","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630494],"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>Austria\u2019s Mondi Paper Sales reportedly acquires National Paper Products in EGP 500 mn transaction - 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\/23\/austrias-mondi-paper-sales-reportedly-acquires-national-paper-products-in-egp-500-mn-transaction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Austria\u2019s Mondi Paper Sales reportedly acquires National Paper Products in EGP 500 mn transaction\" \/>\n<meta property=\"og:description\" content=\"M&amp;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. The move comes as Mondi has been increasing its acquisitions in Egypt. 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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":628370,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/mondi-confirms-it-will-acquire-npp-for-usd-28-7-mn\/","url_meta":{"origin":630511,"position":1},"title":"Mondi confirms it will acquire NPP for USD 28.7 mn","author":"enterpriseam admin","date":"2 May 2018","format":false,"excerpt":"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.\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":630511,"position":2},"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. 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Mondi plans to acquire 7.7 mn shares for for EGP 26.01 per share, valuing the transaction\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":630511,"position":4},"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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