Cairo Three A Group made a mandatory offer to acquire the remaining 57.04% stake in National Company for Maize Products from National Bank of Egypt - S.A.E and Misr Financial Investments Company S.A.E. and others for approximately EGP 860 million.

Cairo Three A Group made a mandatory offer to acquire the remaining 57.04% stake in National Company for Maize Products (CASE:NCMP) from National Bank of Egypt - S.A.E and Misr Financial Investments Company S.A.E. and others for approximately EGP 760 million on November 7, 2017. Cairo Three A Group offered EGP 45 per share. The deal is approved by Egyptian Financial Supervisory Authority on November 7, 2017. As of November 16, 2017, Cairo Three A Group offered to acquire the remaining 57.04% stake in National Company for Maize Products for approximately EGP 860 million. Cairo Three A Group has revised the offer price to EGP 51 per share. The amended offer was approved by the Egyptian Financial Supervisory Authority on November 16, 2017. The tender offer period is from November 8, 2017 to November 21, 2017. CI Capital Holding Co S.A.E. acted as financial advisor and Matouk Bassiouny Independent Law Firm acted as legal advisor for Cairo Three A Group.