Thndr Claps
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic
No Result
View All Result
Thndr Claps

Thndr Claps » EGY Claps » Mergers & Acquisitions 🤝 » Domty valued 38% higher than Expedition’s offer 🧐

Domty valued 38% higher than Expedition’s offer 🧐

by Omar El Shorafa
September 7, 2022
التقييم العادل لسهم دومتى، ثاندر كلابس

The Clap
BDO, who was appointed by Domty (DOMT) as an independent financial advisor, valued the stock at EGP 6.90, 38% more than Expedition’s offering price for Domty.

Background
Expedition made an offer to acquire 34%, supplementing a 90% stake in Domty. Shareholders holding 45.8% responded by selling their shares.

The Deets
After reaching the fair value of the stock, sources said that Expedition has no intention of raising its offering price for Domty.

Expedition’s offer expires on September 13, 2022.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related Posts

Dairy and Juice: main revenue drivers for Juhayna 🥛
Food & Beverage 🍕

Juhayna founder Safwan Thabet released from jail

by Shams Abbas
January 21, 2023
Mansoura Poultry to invest EGP 10mn in expansion 🍗
Food & Beverage 🍕

Mansoura Poultry to invest EGP 10mn in expansion 🍗

by Omar El Shorafa
January 19, 2023
Food & Beverage 🍕

Dairy prices expected to go up another 30%🍼

by Shams Abbas
December 19, 2022
Food & Beverage 🍕

Juhayna’s 2022 9-month profits dip🥛

by Shams Abbas
November 19, 2022
Food & Beverage 🍕

Edita invested EGP 300 million since start of year🥐

by Shams Abbas
November 19, 2022
Food & Beverage 🍕

Edita’s good on the imports side🥐

by Shams Abbas
November 13, 2022

Website

Community

Blog

Learn

© Thndr. All rights reserved

No Result
View All Result
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic

Disclaimer: Thndr does not provide investment advice, individual investors are responsible for their own decisions or can seek independent advice. The value of investments can go up and down. Thndr is a trading name of Thndr Securities Brokerage which is authorised and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804)..© Thndr. All rights reserved

 

Hello👋 We want you to be able to express your opinions on anything and everything finance and economics related to the Egyptian and US markets.

This is why we introduced Thndr Thinkers💭

Let’s go through some housekeeping notes before you jump into publishing your article to all Thndr Claps readers!

Type of Content📝 We want to see market-relevant content that shows good analysis, please! Base your articles on facts 

Don’t be shy, explain🗣 Flex your knowledge to us, and we’ll share it with all the readers!

Be Original🙏 Please don’t copy. No one likes a copycat. All submissions are welcome as long as they’re yours 

Make your title attractive🤩 A title is like the cover of your book. Attractive enough to make you look at the book but also clear enough to tell you what the book is about.

Clean🧹 We’re all humans and we all make mistakes. But please try and clean up the article so it’s clear for all the readers 

No promotional content🚫 We don’t publish promotional content.

Any questions about becoming a Thndr Thinker? Email thndrclaps@thndr.app and we’d be happy to help!

Normally, your article will be published within 24 hours of submission (if you followed the guidelines)