{"id":637787,"date":"2017-11-26T03:57:46","date_gmt":"2017-11-26T03:57:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/egx-executes-mto-on-ncmp\/"},"modified":"2017-11-26T03:57:46","modified_gmt":"2017-11-26T03:57:46","slug":"egx-executes-mto-on-ncmp","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/egx-executes-mto-on-ncmp\/","title":{"rendered":"EGX executes MTO on NCMP"},"content":{"rendered":"

M&A WATCH- <\/strong>The mandatory tender offer for shares of the National Company for Maize Products (NCMP) was executed on Thursday<\/a> on the EGX. Cairo Three A bought<\/a> 28.8 mn shares of NCMP at EGP 51 per share for a total value of EGP 1.47 bn.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- The mandatory tender offer for shares of the National Company for Maize Products (NCMP) was executed on Thursday on the EGX. Cairo Three A bought 28.8 mn shares of NCMP at EGP 51 per share for a total value of EGP 1.47 bn.<\/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-637787","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3fa23caa-5ec1-4a4f-b598-4053c58fbc7d","order":"0","is_powered_by":true,"section_story_id":"e168768a-4a32-449a-90fd-9989684f222a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637778],"teaser":"","voice_url":""},"yoast_head":"\nEGX executes MTO on NCMP - 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\/26\/egx-executes-mto-on-ncmp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EGX executes MTO on NCMP\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- The mandatory tender offer for shares of the National Company for Maize Products (NCMP) was executed on Thursday on the EGX. Cairo Three A bought 28.8 mn shares of NCMP at EGP 51 per share for a total value of EGP 1.47 bn.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/egx-executes-mto-on-ncmp\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-26T03:57:46+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\/26\/egx-executes-mto-on-ncmp\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/egx-executes-mto-on-ncmp\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EGX executes MTO on NCMP\",\"datePublished\":\"2017-11-26T03:57:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/egx-executes-mto-on-ncmp\/\"},\"wordCount\":48,\"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\/26\/egx-executes-mto-on-ncmp\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/egx-executes-mto-on-ncmp\/\",\"name\":\"EGX executes MTO on NCMP - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-11-26T03:57:46+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/egx-executes-mto-on-ncmp\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/egx-executes-mto-on-ncmp\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/egx-executes-mto-on-ncmp\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EGX executes MTO on NCMP\"}]},{\"@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":"EGX executes MTO on NCMP - 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\/26\/egx-executes-mto-on-ncmp\/","og_locale":"en_US","og_type":"article","og_title":"EGX executes MTO on NCMP","og_description":"M&A WATCH- The mandatory tender offer for shares of the National Company for Maize Products (NCMP) was executed on Thursday on the EGX. 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FRA also rejected an EGP 35.56 per share bid presented\u2026","rel":"","context":"In "Speed Round"","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":637410,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/15\/fra-rejects-adms-counter-offer-for-ncmp\/","url_meta":{"origin":637787,"position":1},"title":"FRA rejects ADM\u2019s counter offer for NCMP","author":"enterpriseam admin","date":"15 November 2017","format":false,"excerpt":"M&A WATCH- FRA rejects ADM\u2019s counter offer for NCMP: The Financial Regulatory Authority (FRA) rejected again yesterday Archer Daniel Midland\u2019s (ADM) offer to acquire 100% of the National Company for Maize Products (NCMP), according to a regulatory bourse filing. The statement contains no detail on why the bid was refused,\u2026","rel":"","context":"In "Speed Round"","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":637517,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/19\/major-ncmp-shareholders-accept-cairo-three-a-mto-adm-might-remain-in-pursuit\/","url_meta":{"origin":637787,"position":2},"title":"Major NCMP shareholders accept Cairo Three A MTO, ADM might remain in pursuit","author":"enterpriseam admin","date":"19 November 2017","format":false,"excerpt":"M&A WATCH- Major NCMP shareholders accept Cairo Three A MTO, ADM might remain in pursuit: National Company for Maize Products (NCMP) shareholders Misr Capital Investments and National Bank of Egypt have accepted Cairo Three A\u2019s mandatory tender offer to acquire their stakes in the company at EGP 51 per share,\u2026","rel":"","context":"In "Speed Round"","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":637574,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/adm-abandons-ncmp-bid\/","url_meta":{"origin":637787,"position":3},"title":"ADM abandons NCMP bid","author":"enterpriseam admin","date":"20 November 2017","format":false,"excerpt":"M&A WATCH- Archer Daniels Midland (ADM) will give up its bid for the National Company for Maize Products (NCMP) now that the deadline for it to submit a counter offer has expired, Salah Tawfik, CEO of ADM\u2019s Egypt subsidiary Medsofts, tells Al Mal. The Financial Regulatory Authority (FRA) had rejected\u2026","rel":"","context":"In "Speed Round"","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":649273,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/27\/louis-dreyfus-egyptian-affiliate-submits-bid-for-ncmp-stake\/","url_meta":{"origin":637787,"position":4},"title":"Louis Dreyfus\u2019 Egyptian affiliate submits bid for NCMP stake","author":"enterpriseam admin","date":"27 April 2017","format":false,"excerpt":"M&A WATCH- Global commodities giant Louis Dreyfus\u2019 local affiliate, Al Mona Misr, has presented a bid to acquire Misr Capital Investment\u2019s 42.96% stake in National Company for Maize Products (NCMP), according to an EGX filing. Al Mona\u2019s bid is non-binding, but, if approved, the company will submit a mandatory tender\u2026","rel":"","context":"In "Speed Round"","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":649874,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/adms-swiss-unit-looking-to-buy-ncmp\/","url_meta":{"origin":637787,"position":5},"title":"ADM\u2019s Swiss unit looking to buy NCMP","author":"enterpriseam admin","date":"12 March 2017","format":false,"excerpt":"M&A WATCH- Archer Daniels Midland (ADM)\u2019s Swiss unit is seeking to buy a stake in Egyptian sweeteners-maker National Company for Maize Products (NCMP), according to a regulatory filing. 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