{"id":630840,"date":"2018-03-04T04:11:13","date_gmt":"2018-03-04T04:11:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/04\/nahw-development-buys-29-1-stake-in-cdico\/"},"modified":"2018-03-04T04:11:13","modified_gmt":"2018-03-04T04:11:13","slug":"nahw-development-buys-29-1-stake-in-cdico","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/04\/nahw-development-buys-29-1-stake-in-cdico\/","title":{"rendered":"Nahw Development buys 29.1% stake in CDICO"},"content":{"rendered":"<p><strong>M&A WATCH- Nahw Development (again, never heard of them) has <\/strong><a href=\"http:\/\/www.egx.com.eg\/arabic\/NewsDetails.aspx?NewsID=170296\"><strong>purchased a 29.1% stake<\/strong><\/a><strong> in <\/strong><a href=\"http:\/\/www.cdicoeg.com\/\"><strong>Cairo Development Investment Company<\/strong><\/a> (CDICO) for EGP 57.5 mn, CDICO said in an <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/213315_1.pdf\">EGX disclosure (pdf)<\/a>. Nahw bought 13.69 mn shares at an average price of EGP 4.2 per share. CDIC announced the completion of a mandatory tender offer by Nahw <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/27\/nahw-development-completes-mto-of-cdico\/\">last week<\/a>. The transaction was brokered by <a href=\"https:\/\/www.bloomberg.com\/research\/stocks\/private\/snapshot.asp?privcapId=274630515\">Arab Finance Company for Securities Trade<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- Nahw Development (again, never heard of them) has purchased a 29.1% stake in Cairo Development Investment Company (CDICO) for EGP 57.5 mn, CDICO said in an EGX disclosure (pdf). Nahw bought 13.69 mn shares at an average price of EGP 4.2 per share. CDIC announced the completion of a mandatory tender offer by [&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-630840","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"e2730319-fc85-455e-9cae-8419b0f0bd7b","order":"0","is_powered_by":true,"section_story_id":"b250893e-7eca-4a44-a21c-e09876beff22","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630827],"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>Nahw Development buys 29.1% stake in CDICO - 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\/03\/04\/nahw-development-buys-29-1-stake-in-cdico\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nahw Development buys 29.1% stake in CDICO\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- Nahw Development (again, never heard of them) has purchased a 29.1% stake in Cairo Development Investment Company (CDICO) for EGP 57.5 mn, CDICO said in an EGX disclosure (pdf). Nahw bought 13.69 mn shares at an average price of EGP 4.2 per share. CDIC announced the completion of a mandatory tender offer by [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/04\/nahw-development-buys-29-1-stake-in-cdico\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-04T04:11:13+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\/03\/04\/nahw-development-buys-29-1-stake-in-cdico\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/04\/nahw-development-buys-29-1-stake-in-cdico\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Nahw Development buys 29.1% stake in CDICO\",\"datePublished\":\"2018-03-04T04:11:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/04\/nahw-development-buys-29-1-stake-in-cdico\/\"},\"wordCount\":72,\"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\/03\/04\/nahw-development-buys-29-1-stake-in-cdico\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/04\/nahw-development-buys-29-1-stake-in-cdico\/\",\"name\":\"Nahw Development buys 29.1% stake in CDICO - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-03-04T04:11:13+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/04\/nahw-development-buys-29-1-stake-in-cdico\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/04\/nahw-development-buys-29-1-stake-in-cdico\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/04\/nahw-development-buys-29-1-stake-in-cdico\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Nahw Development buys 29.1% stake in CDICO\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Nahw Development buys 29.1% stake in CDICO - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/04\/nahw-development-buys-29-1-stake-in-cdico\/","og_locale":"en_US","og_type":"article","og_title":"Nahw Development buys 29.1% stake in CDICO","og_description":"M&A WATCH- Nahw Development (again, never heard of them) has purchased a 29.1% stake in Cairo Development Investment Company (CDICO) for EGP 57.5 mn, CDICO said in an EGX disclosure (pdf). 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Odin Capital Group, which bought\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":570244,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/24\/new-smart-purchases-18-stake-in-egyptians-for-housing-and-development\/","url_meta":{"origin":630840,"position":1},"title":"New Smart purchases 18% stake in Egyptians for Housing and Development","author":"enterpriseam admin","date":"24 March 2020","format":false,"excerpt":"M&A WATCH- New Smart purchases 18% stake in Egyptians for Housing and Development: New Smart for Industrial and Commercial Investments has purchased an 18.17% stake in Egyptians for Housing and Development (EHDR) for EGP 79.6 mn, according to an EGX disclosure (pdf). 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