{"id":631327,"date":"2018-03-15T03:50:55","date_gmt":"2018-03-15T03:50:55","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/15\/ebrd-looking-to-acquire-non-controlling-stake-in-wadi-degla-holding\/"},"modified":"2018-03-15T03:50:55","modified_gmt":"2018-03-15T03:50:55","slug":"ebrd-looking-to-acquire-non-controlling-stake-in-wadi-degla-holding","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/15\/ebrd-looking-to-acquire-non-controlling-stake-in-wadi-degla-holding\/","title":{"rendered":"EBRD looking to acquire non-controlling stake in Wadi Degla Holding?"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>M&A WATCH- EBRD looking to acquire non-controlling stake in Wadi Degla Holding.<\/strong> The European Bank for Reconstruction and Development (EBRD) is looking to acquire a non-controlling stake in Wadi Degla Holding Company sometime during 1H2018, unidentified sources <a href=\"https:\/\/alborsanews.com\/2018\/03\/14\/1093362\">tell Al Borsa<\/a>. Wadi Degla had reportedly been fielding offers from local investors, but stopped negotiations for reasons that remain unclear. The transaction would take the form of both a share sale by existing investors and a subscription to a capital increase by EBRD as part of Wadi Degla\u2019s plans to list on the EGX in the future, the newspaper reports. <strong>Al Tamimi & Co<\/strong> is said to be legal advisor to Wadi Degla, while <strong>White & Case <\/strong>is acting as the EBRD\u2019s legal advisor.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- EBRD looking to acquire non-controlling stake in Wadi Degla Holding. The European Bank for Reconstruction and Development (EBRD) is looking to acquire a non-controlling stake in Wadi Degla Holding Company sometime during 1H2018, unidentified sources tell Al Borsa. Wadi Degla had reportedly been fielding offers from local investors, but stopped negotiations for reasons [&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-631327","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b068b7b2-683f-4371-9aaa-94ef35dda547","order":"0","is_powered_by":true,"section_story_id":"d45872e6-5b9c-4474-b517-e8a515f234c0","story_type":"1","photo_url":"","photo_position":"above","related_issue":[631312],"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>EBRD looking to acquire non-controlling stake in Wadi Degla Holding? - 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\/15\/ebrd-looking-to-acquire-non-controlling-stake-in-wadi-degla-holding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBRD looking to acquire non-controlling stake in Wadi Degla Holding?\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- EBRD looking to acquire non-controlling stake in Wadi Degla Holding. The European Bank for Reconstruction and Development (EBRD) is looking to acquire a non-controlling stake in Wadi Degla Holding Company sometime during 1H2018, unidentified sources tell Al Borsa. Wadi Degla had reportedly been fielding offers from local investors, but stopped negotiations for reasons [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/15\/ebrd-looking-to-acquire-non-controlling-stake-in-wadi-degla-holding\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-15T03:50:55+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\/03\/15\/ebrd-looking-to-acquire-non-controlling-stake-in-wadi-degla-holding\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/15\/ebrd-looking-to-acquire-non-controlling-stake-in-wadi-degla-holding\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EBRD looking to acquire non-controlling stake in Wadi Degla Holding?\",\"datePublished\":\"2018-03-15T03:50:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/15\/ebrd-looking-to-acquire-non-controlling-stake-in-wadi-degla-holding\/\"},\"wordCount\":133,\"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\/15\/ebrd-looking-to-acquire-non-controlling-stake-in-wadi-degla-holding\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/15\/ebrd-looking-to-acquire-non-controlling-stake-in-wadi-degla-holding\/\",\"name\":\"EBRD looking to acquire non-controlling stake in Wadi Degla Holding? 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The European Bank for Reconstruction and Development (EBRD) is looking to acquire a non-controlling stake in Wadi Degla Holding Company sometime during 1H2018, unidentified sources tell Al Borsa. 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The agreement\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":649545,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/wadi-degla-acquires-mediterranean-contracting-company-delivers-10k-units\/","url_meta":{"origin":631327,"position":1},"title":"Wadi Degla acquires Mediterranean Contracting Company, delivers 10k units","author":"enterpriseam admin","date":"2 March 2017","format":false,"excerpt":"Wadi Degla Developments acquired Mediterranean Contracting Company Tuesday and is targeting the execution of EGP 14 bn worth of contracting agreements by Wadi Degla Holding contracting subsidiaries in the next seven years, Chairman and CEO Maged Helmy announced in a press conference yesterday. Helmy said the company\u2019s \u201cpresence near to\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596312,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/25\/wadi-degla-nature-and-local-cultures-festival-aims-to-boost-ecotourism\/","url_meta":{"origin":631327,"position":2},"title":"Wadi Degla Nature and Local Cultures Festival aims to boost ecotourism","author":"enterpriseam admin","date":"25 August 2019","format":false,"excerpt":"Local cultures festival to boost Egypt\u2019s ecotourism: The Environment Ministry organized last week the three-day Nature and Local Cultures Festival at the Wadi Degla protectorate to promote ecotourism by showcasing the diversity of Egypt\u2019s natural reserves, Xinhua reports. 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Reacap will run a capital increase of 300 mn shares at EGP 11 a share\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":642703,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/21\/ma-watch-efsa-refuses-reacap-fair-value-study\/","url_meta":{"origin":631327,"position":4},"title":"M&#038;A WATCH: EFSA refuses Reacap fair value study","author":"enterpriseam admin","date":"21 August 2017","format":false,"excerpt":"M&A WATCH- EFSA rejects Reacap\u2019s FV report: The Egyptian Financial Supervisory Authority (EFSA) rejected Fincorp\u2019s fair value assessment for Naeem subsidiary Reacap in connection with its merger with Wadi Degla, claiming it falls short of Egyptian benchmarks and standards, according to an EGX filing. 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