CI Capital acted as the buy-side financial advisor on one of the largest equity capital
market transactions of the year
CI Capital, the leading diversified financial services group, announces that its Investment
Banking team has successfully concluded an advisory transaction in relation to Cairo 3A
for International Industries’ c. EGP 1.47 billion acquisition of 98% of the share capital of
National Company for Maize Product (NCMP.CA) through a mandatory tender offer on
the Egyptian Exchange.
The transaction stands as one of the largest ECM deals executed on the Egyptian
Exchange in 2017.
CI Capital Investment Banking acted as financial advisor to Cairo 3A on the transaction,
which saw 98% of NCMP shareholders (controlling some 28,827,780 shares) accepting
Cairo 3A’s tender offer for 100% of NCMP.
“We are delighted to have provided Cairo 3A with best-in-class advisory services on this
key transformational transaction,” noted CI Capital’s Head of Investment Banking,
Hesham Gohar. “This transaction marks the second ECM and the fifth closing for CI
Capital Investment Banking in 2017, bringing the total executed value of transactions to
c. EGP 5 billion in 2017. We look forward to bringing to market in the months ahead
other landmark M&A and equity transactions which are now in our pipeline,” Gohar
concluded.
