{"id":650544,"date":"2017-03-27T04:11:16","date_gmt":"2017-03-27T04:11:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/nad-development-seeks-100-of-egypcos-shares\/"},"modified":"2017-03-27T04:11:16","modified_gmt":"2017-03-27T04:11:16","slug":"nad-development-seeks-100-of-egypcos-shares","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/nad-development-seeks-100-of-egypcos-shares\/","title":{"rendered":"NAD Development seeks 100% of Egypco\u2019s shares"},"content":{"rendered":"<p><strong>M&A Watch- <\/strong>A Saudi outfit called NAD Development & Investment Company said it is presenting an offer to acquire 100% of the shares of Egypt for Poultry (Egypco), according to <a href=\"http:\/\/egx.com.eg\/downloads\/Bulletins\/200656_1.pdf\">a bourse filing<\/a>. NAD, which is chaired by Nawaf Abdullah bin Dayel, is offering to buy all of the shares at EGP 2.57 per share. Bin Dayel had reportedly invested in three Egyptian agrifood companies between May 2011 and 2012 according to a report by <a href=\"http:\/\/ara.reuters.com\/article\/businessNews\/idARACAE90102E20130102?sp=true\">Reuters<\/a>, saying valuations back then were attractive.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A Watch- A Saudi outfit called NAD Development &#038; Investment Company said it is presenting an offer to acquire 100% of the shares of Egypt for Poultry (Egypco), according to a bourse filing. NAD, which is chaired by Nawaf Abdullah bin Dayel, is offering to buy all of the shares at EGP 2.57 per share. [&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-650544","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"8e507a7a-b726-46b3-b8f5-d5a0f0462951","order":"0","is_powered_by":true,"section_story_id":"e8c5f368-591f-466b-885a-021220601f1e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[650529],"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>NAD Development seeks 100% of Egypco\u2019s shares - 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\/03\/27\/nad-development-seeks-100-of-egypcos-shares\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NAD Development seeks 100% of Egypco\u2019s shares\" \/>\n<meta property=\"og:description\" content=\"M&amp;A Watch- A Saudi outfit called NAD Development &amp; Investment Company said it is presenting an offer to acquire 100% of the shares of Egypt for Poultry (Egypco), according to a bourse filing. NAD, which is chaired by Nawaf Abdullah bin Dayel, is offering to buy all of the shares at EGP 2.57 per share. [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/nad-development-seeks-100-of-egypcos-shares\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-27T04:11:16+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\/03\/27\/nad-development-seeks-100-of-egypcos-shares\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/nad-development-seeks-100-of-egypcos-shares\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NAD Development seeks 100% of Egypco\u2019s shares\",\"datePublished\":\"2017-03-27T04:11:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/nad-development-seeks-100-of-egypcos-shares\/\"},\"wordCount\":85,\"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\/03\/27\/nad-development-seeks-100-of-egypcos-shares\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/nad-development-seeks-100-of-egypcos-shares\/\",\"name\":\"NAD Development seeks 100% of Egypco\u2019s shares - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-03-27T04:11:16+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/nad-development-seeks-100-of-egypcos-shares\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/nad-development-seeks-100-of-egypcos-shares\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/nad-development-seeks-100-of-egypcos-shares\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NAD Development seeks 100% of Egypco\u2019s shares\"}]},{\"@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":"NAD Development seeks 100% of Egypco\u2019s shares - 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\/03\/27\/nad-development-seeks-100-of-egypcos-shares\/","og_locale":"en_US","og_type":"article","og_title":"NAD Development seeks 100% of Egypco\u2019s shares","og_description":"M&A Watch- A Saudi outfit called NAD Development & Investment Company said it is presenting an offer to acquire 100% of the shares of Egypt for Poultry (Egypco), according to a bourse filing. 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NAD, which already owns\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":570809,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/15\/fra-approves-alexandria-developments-purchase-of-1-28-of-alexandria-portland-cement\/","url_meta":{"origin":650544,"position":1},"title":"FRA approves Alexandria Development\u2019s purchase of 1.28% of Alexandria Portland Cement","author":"enterpriseam admin","date":"15 April 2020","format":false,"excerpt":"M&A WATCH- Market regulator accepts Alexandria Development\u2019s MTO for 1.28% of Alexandria Portland Cement: The Financial Regulatory Authority (FRA) has approved Alexandria Development\u2019s offer to purchase 1.28% or 5.84 mn shares of Alexandria Portland Cement at EGP 6 apiece, according to an EGX disclosure (pdf). An MTO long in the\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":569504,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/26\/fra-to-review-titan-groups-mto-for-alexandria-cement\/","url_meta":{"origin":650544,"position":2},"title":"FRA to review Titan Group\u2019s MTO for Alexandria Cement","author":"enterpriseam admin","date":"26 February 2020","format":false,"excerpt":"M&A WATCH- Regulator to review Titan Group\u2019s MTO for Alexandria Cement: The Financial Regulatory Authority (FRA) has received and will begin reviewing a mandatory tender offer (MTO) Titan Group subsidiary Alexandria Development submitted for 100% of Alexandria Portland Cement, according to a regulatory filing (pdf).Background: Greek cement company Titan had\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":592731,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/05\/castle-development-to-list-shares-on-egx-by-2021\/","url_meta":{"origin":650544,"position":3},"title":"Castle Development to list shares on EGX by 2021","author":"enterpriseam admin","date":"5 November 2019","format":false,"excerpt":"IPO WATCH- Real estate developer Castle Development plans EGX listing in 2021: ABC Construction Company subsidiary Castle Development is planning to offer an undisclosed number of shares on the EGX in 2021, CEO Ahmed Mansour tells Al Mal. 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