Thndr Claps » EGY Claps » Mergers & Acquisitions 🤝 » New acquisition offer for AMES 🏥
The ClapAlexandria New Medical Center (AMES) announced that the acquisition offer it received from LimeVest and Tawasol Holding, has been lowered from EGP 52 per share to EGP 47.67.BackstoryThe acquisition offer targeted 74.08% of ANMC, but the company issued 1.29 million bonus shares which altered the ownership rights and hence, led the acquirer to revise their offer.What NowThe FRA approved publishing the new acquisition price and obliged the acquiring companies to publish the offer two days following its approval.
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