Americana: we are keen to guarantee that all parties obtain their rights in a speedy and fair manner

مؤتمر الأحد 24 نوفمبر 2019 الساعة 08:14 صباحاً

By : Marwa Abo Almajd

In reference to the recent tender offer made by Americana Holding for Egyptian Restaurants (Americana), the company reaffirms its compliance to all laws and regulations of the Egyptian capital market. The company assigned a reputed IFA for this important assignment, from the assigned list of certified assessors by the Financial Regulatory Authority (FRA), to conduct the study of the fair value. The company was surprised by the FRA’s rejection of the study, and it’s demand for a new IFA to be assigned. 

Americana will investigate the matter further, and will work with the FRA to get a better understanding of the areas of concern, and address any remarks or inquiries related to the company, in accordance to capital law markets.

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