Alexandria Portland Cement

Egypt

Activity by year

20192020202120222023202420252026

Acquisition

Announcements · 3

Apr 15, 2020ACQUISITIONEgypt
Alexandria Development's MTO for 1.28% of Alexandria Portland Cement approved by FRA
The Financial Regulatory Authority approved Alexandria Development's mandatory tender offer to purchase 1.28% of Alexandria Portland Cement at EGP 6 per share, part of a process to delist the company after Titan's indirect acquisition.
Alexandria Portland Cement target Titan Cement acquirer Alexandria Development Ltd. acquirer #Construction Materials enterprise.press
Feb 26, 2020ACQUISITIONEgypt$2.20M
Alexandria Development files mandatory tender offer for 1.28% of Alexandria Portland Cement
Alexandria Development Ltd., the main shareholder of Alexandria Portland Cement, has filed a mandatory tender offer to buy up to 5.842 million shares (1.28%) at EGP 6 per share, to reach 100% ownership.
Alexandria Portland Cement target Alexandria Development Ltd. acquirer Titan International Cement partner #Construction Materials alborsaanews.com
Nov 25, 2019ACQUISITIONEgypt$90.0M
Titan Cement to acquire IFC's minority stakes in Egypt and Southeast Europe for EUR 81.8M
Titan Group agreed to acquire the International Finance Corporation's minority stakes in all of Titan's subsidiaries in Egypt and Southeast Europe for EUR 81.8 million, including IFC's 17.28% stake in Alexandria Development Ltd., which holds 88.93% of Alexandria Portland Cement.
International Finance Corporation target Titan Group acquirer Alexandria Portland Cement target #Construction Materials enterpriseam.com

Dealingsⓘ

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