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

Thndr Claps » EGY Claps » Mergers & Acquisitions 🤝 » Expedition gets its stake in Domty 🧀

Expedition gets its stake in Domty 🧀

by Omar El Shorafa
September 14, 2022
دومتي

The Clap
Expedition Investments succeeded in acquiring 33% of Domty, according to Asharq.

Background
The offer originally targeted 34% of Domty.

The Deets
The deal was executed at EGP 5.5 per share, which amounts to a total of EGP 512 million, 1.4% more than the market price of the stock.

Why this Matters
The Al-Damaty family, the main shareholders in Domty, are also shareholders in Expedition Investments, and this deal is an indirect attempt to increase their total stake in Domty.

  • 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

Race for Pachin could get even more serious
Mergers & Acquisitions 🤝

Race for Pachin could get even more serious

by Shams Abbas
February 5, 2023
Mergers & Acquisitions 🤝

IDH pulls the plug on Islamabad Center acquisition

by Shams Abbas
February 1, 2023
Mergers & Acquisitions 🤝

Qatari sovereign fund subsidiary eyes stakes in container handling companies

by Shams Abbas
January 31, 2023
Mergers & Acquisitions 🤝

CIB acquires remaining stake in “Mayfair CIB”

by Shams Abbas
January 28, 2023
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

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)