{"id":642246,"date":"2017-08-09T04:12:12","date_gmt":"2017-08-09T04:12:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/09\/is-tbs-still-in-play\/"},"modified":"2017-08-09T04:12:12","modified_gmt":"2017-08-09T04:12:12","slug":"is-tbs-still-in-play","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/09\/is-tbs-still-in-play\/","title":{"rendered":"Is TBS still in play?"},"content":{"rendered":"

<\/a> M&A WATCH- <\/strong>Take this with a heaping tablespoonful of salt: A confused Daily News <\/strong>Egypt suggests that both Al Hokair and Edita have backed away from bids for bakery chain TBS<\/strong>, but then claims a few paragraphs later that it \u201clearnt from sources\u201d that an EGP 130-150 mn transaction is still in the works \u2014 with who, exactly, is left unclear \u2014 and \u201cthe acquisition will be partial and may end up being a controlling stake.\u201d Read the story here<\/a>, or just do as we are and keep your ear to the ground.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- Take this with a heaping tablespoonful of salt: A confused Daily News Egypt suggests that both Al Hokair and Edita have backed away from bids for bakery chain TBS, but then claims a few paragraphs later that it \u201clearnt from sources\u201d that an EGP 130-150 mn transaction is still in the works \u2014 […]<\/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-642246","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"a57bc850-ba27-4296-b82f-cdc52f0e3dfd","order":"0","is_powered_by":true,"section_story_id":"3282ca9b-dcb2-4cc5-bdea-79c380e5a26c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[642231],"teaser":"","voice_url":""},"yoast_head":"\nIs TBS still in play? - 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\/08\/09\/is-tbs-still-in-play\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is TBS still in play?\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- Take this with a heaping tablespoonful of salt: A confused Daily News Egypt suggests that both Al Hokair and Edita have backed away from bids for bakery chain TBS, but then claims a few paragraphs later that it \u201clearnt from sources\u201d that an EGP 130-150 mn transaction is still in the works \u2014 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/09\/is-tbs-still-in-play\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-09T04:12:12+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\/08\/09\/is-tbs-still-in-play\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/09\/is-tbs-still-in-play\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Is TBS still in play?\",\"datePublished\":\"2017-08-09T04:12:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/09\/is-tbs-still-in-play\/\"},\"wordCount\":97,\"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\/08\/09\/is-tbs-still-in-play\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/09\/is-tbs-still-in-play\/\",\"name\":\"Is TBS still in play? 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Al Mal\u2019s sources say TBS\u2019 capital is \u201cvalued at\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":643061,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/efg-hermes-confirms-it-advised-on-tbs-intro-investments-transaction\/","url_meta":{"origin":642246,"position":2},"title":"EFG Hermes confirms it advised on TBS, Intro Investments transaction","author":"enterpriseam admin","date":"29 August 2017","format":false,"excerpt":"M&A WATCH- EFG Hermes confirmed it acted as the \u201csole financial advisor for the shareholders of Native Markets,\u201d which owns the TBS and Four Fat Ladies brands, on a transaction that resulted in a \u2018partnership\u2019 between Native Markets and the Abbas family\u2019s Intro Investments Holding. 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