Thndr Claps » EGY Claps » Mergers & Acquisitions 🤝 » Could Pachin paint an enhanced offer?🖌
The ClapPachin (PACH) is reportedly looking to grind out an enhanced acquisition offer over its most recent one, which stood at EGP 29/share from UAE’s National Paints.
WhatReports claim the paint giant is seeking an improved offer of EGP 32/share in light of the EGP’s devaluation.
So whatThese reports come at a time when UAE National Paints is conducting its due diligence for Pachin.
Now whatDue diligence is expected to be finished within 10 days, & a final decision will be made on the offer’s price.
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