{"id":637169,"date":"2017-11-09T04:04:27","date_gmt":"2017-11-09T04:04:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/veon-submits-mto-for-gth-at-egp-7-90-per-share\/"},"modified":"2017-11-09T04:04:27","modified_gmt":"2017-11-09T04:04:27","slug":"veon-submits-mto-for-gth-at-egp-7-90-per-share","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/veon-submits-mto-for-gth-at-egp-7-90-per-share\/","title":{"rendered":"Veon submits MTO for GTH at EGP 7.90 per share"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>M&A WATCH-<\/strong> Veon Holdings is seeking approval from the Financial Regulatory Authority (FRA, formerly EFSA) for a mandatory tender offer to buy 1.998 bn shares of Global Telecom Holding (GTH) at EGP 7.90 per share, <a href=\"http:\/\/af.reuters.com\/article\/commoditiesNews\/idAFFWN1NE0XS\">according to Reuters<\/a>. FRA says it is studying the offer. Veon is the name VimpelCom gave itself <a href=\"https:\/\/enterprise.press\/stories\/2017\/06\/04\/vimpelcom-changes-name-to-veon\/\">in June<\/a>. It already owns 57.7% of GTH.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- Veon Holdings is seeking approval from the Financial Regulatory Authority (FRA, formerly EFSA) for a mandatory tender offer to buy 1.998 bn shares of Global Telecom Holding (GTH) at EGP 7.90 per share, according to Reuters. FRA says it is studying the offer. Veon is the name VimpelCom gave itself in June. It [&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-637169","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"45718d88-d9a6-46e3-bcbc-87fc5e4a8e5f","order":"0","is_powered_by":true,"section_story_id":"735de172-cd55-4fc1-9476-0a7eb9a019bf","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637159],"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>Veon submits MTO for GTH at EGP 7.90 per share - 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\/2017\/11\/09\/veon-submits-mto-for-gth-at-egp-7-90-per-share\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Veon submits MTO for GTH at EGP 7.90 per share\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- Veon Holdings is seeking approval from the Financial Regulatory Authority (FRA, formerly EFSA) for a mandatory tender offer to buy 1.998 bn shares of Global Telecom Holding (GTH) at EGP 7.90 per share, according to Reuters. FRA says it is studying the offer. Veon is the name VimpelCom gave itself in June. It [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/veon-submits-mto-for-gth-at-egp-7-90-per-share\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-09T04:04:27+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\/2017\/11\/09\/veon-submits-mto-for-gth-at-egp-7-90-per-share\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/veon-submits-mto-for-gth-at-egp-7-90-per-share\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Veon submits MTO for GTH at EGP 7.90 per share\",\"datePublished\":\"2017-11-09T04:04:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/veon-submits-mto-for-gth-at-egp-7-90-per-share\/\"},\"wordCount\":67,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/veon-submits-mto-for-gth-at-egp-7-90-per-share\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/veon-submits-mto-for-gth-at-egp-7-90-per-share\/\",\"name\":\"Veon submits MTO for GTH at EGP 7.90 per share - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-11-09T04:04:27+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/veon-submits-mto-for-gth-at-egp-7-90-per-share\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/veon-submits-mto-for-gth-at-egp-7-90-per-share\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/veon-submits-mto-for-gth-at-egp-7-90-per-share\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Veon submits MTO for GTH at EGP 7.90 per share\"}]},{\"@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":"Veon submits MTO for GTH at EGP 7.90 per share - 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\/2017\/11\/09\/veon-submits-mto-for-gth-at-egp-7-90-per-share\/","og_locale":"en_US","og_type":"article","og_title":"Veon submits MTO for GTH at EGP 7.90 per share","og_description":"M&A WATCH- Veon Holdings is seeking approval from the Financial Regulatory Authority (FRA, formerly EFSA) for a mandatory tender offer to buy 1.998 bn shares of Global Telecom Holding (GTH) at EGP 7.90 per share, according to Reuters. 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Veon, which already owns 57.7% of GTH, submitted an offer to acquire GTH shares at EGP 7.90 per share last week.","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":629909,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/04\/veon-withdraws-mandatory-offer-to-purchase-remaining-stake-of-global-telecom\/","url_meta":{"origin":637169,"position":1},"title":"Veon withdraws mandatory offer to purchase remaining stake of Global Telecom","author":"enterpriseam admin","date":"4 April 2018","format":false,"excerpt":"M&A WATCH- Veon withdraws EGP 15 bn bid for Global Telecom: Amsterdam-based Veon Holdings withdrew a mandatory offer to purchase the 42.3% of Global Telecom Holding (GTH) that it doesn\u2019t already own, according to regulatory filing from GTH (pdf). Veon, which owns 57.7% of GTH, said it withdrew the offer\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":600675,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/06\/veon-looks-to-buy-out-global-telecom\/","url_meta":{"origin":637169,"position":2},"title":"Veon looks to buy out Global Telecom","author":"enterpriseam admin","date":"6 February 2019","format":false,"excerpt":"M&A WATCH- Veon looks take Global Telecom private at EGP 5.30 per share: Global Telecom Holding\u2019s (GTH) majority shareholder Veon has unveiled plans to buy out the remaining 42.3% of the company for EGP 5.30 per share, the company said in an EGX disclosure (pdf). The Dutch company intends to\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\/2019\/2\/1049.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":600356,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/28\/veon-might-be-taking-global-telecom-private\/","url_meta":{"origin":637169,"position":3},"title":"Veon might be taking Global Telecom private","author":"enterpriseam admin","date":"28 January 2019","format":false,"excerpt":"M&A WATCH- Veon might be taking EGX-listed Global Telecom private: Global Telecom Holding\u2019s (GTH) majority shareholder Veon is considering taking GTH private, the company said in a bourse filing (pdf). 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