Qatar National Bank submits tender offer for NSGB shares - Economy - Business - Ahram Online

Share

Email

FacebookTwitterGoogle+Lockerz GrabDeliciousDiggGoogle BookmarksMySpaceStumbleUponRedditMessengerVodpodYahoo BookmarksBeboMister-WongWordPressGoogle ReaderOrkutXINGBufferEvernoteNetvibes ShareStrandsPosterousBusiness ExchangeArtoTipdSmakNewsPlurkAIMYahoo MessengerIdenti.caMozillacaBlogger PostTypePad PostBox.netKindle ItPinterestNetlogTechnorati FavoritesCiteULikeJumptagsHemidemiFunPInstapaperPhoneFavsXerpiNetvouzWinkDiigoBibSonomyBlogMarksTailrankStartAidKledyKhabbrMeneameYoolinkBookmarks.frTechnotizieNewsVineMultiplyFriendFeedPlaxo PulsePingSquidooProtopage BookmarksBlinklistFavesYiGGWebnewsSegnaloPushaYouMobSlashdotFarkAllvoicesJamespotImera BrazilTwiddlaLinkaGoGounalogHuggDiglogNowPublicTumblrLiveJournalCurrentHelloTxtSpurlYampleOneviewLinkatopiaSimpyLinkedInBuddyMarksAsk.com MyStuffViadeoMapleWistsConnoteaBackflipMyLinkVaultSiteJotSphinnDZoneCare2 NewsHyvesSphereBitty BrowserGabbrSymbaloo FeedsTagzaFolkdNewsTrustAmazon Wish ListPrintFriendlyRead It LaterTuentiEmailRediff MyPage

Google GmailYahoo MailHotmailAOL MailAny email    

By Lockerz

Sign in About Us Last Update 22:56 Tuesday, 12 February 2013 Home EgyptPolitics | 25 January Revolution | Presidential Elections 2012 | Elections 2011 WorldRegion | International BusinessEconomy Opinion Arts & CultureVisual Art | Film | Music | Stage & Street | Euro Film Week 2012 FolkStreet Smart | Folk Arts | Special Files | Photo Heritage SportsCAN 2013 | Egyptian Football | National Teams | Talents Abroad | Africa | World | Omni Sports Life & StyleStyle | Health | Food HeritageAncient Egypt | Coptic | Islamic | Museums Books Multimedia Qatar National Bank submits tender offer for NSGB shares Mandatory tender by Qatar National Bank seeks 100% of shares in NSGB at LE38.65 per share Ahram Online, Monday 11 Feb 2013 Print Send Views:103 Nationale Societe Generale Bank (NSGB) Related Qatar National Bank gets Egypt c.bank approval for NSGB takeover Qatar National Bank picks JP Morgan for Egypt buy: sources Qatar National Bank (QNB) has submitted a mandatory tender offer (MTO) for 100 per cent of the shares in the National Société Générale Bank (NSGB) at LE38.65 per share, the Egyptian Financial Supervisory Authority has said in a statement to the Egyptian Stock Exchange. Last month, Egypt's central bank approved a request by the Qatari bank to acquire a majority stake in NSGB Egypt, to the value of close to $2 billion. QNB expects the transaction to be complete by the second quarter of the current year. Search Keywords: QNB   |   Societe Generale   |   NSGB   Short link:   Email * Name * Comment's Title * Comment * Ahram Online welcomes readers comments on all issues and on material published on the site. We also welcome criticism and/or corrections. This is subject to the following code We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s. We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it. We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers. We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis. Please Wait Readers Picks Most Viewed Most Commented 1. Qatar a 'slave state' for World Cup workers, says unionist 2. Upper Egypt threatened with possible plague of locusts: FAO 3. Egypt must keep economic reforms in line with political imperatives: IMF 4. Contractors abandon businesses in Egypt due to sharp recession 5. Egypt's exports rise by 12 per cent in January 6. Egypt stocks slightly tumble on calls for nationwide protests 7. Greece: Farmers to start highway blockades 8. Egypt c.bank sells $37.8 mln at forex auction Poll  Please Select Option! Submit Previous Polls Previous Polls © 2010 Ahram Online. Advertising