Cairo Three A Group made an initial offer to acquire 42.96% stake in National Company for Maize Products (CASE:NCMP) from Misr Capital Investments SAE for approximately EGP 570 million on March 21, 2017. As on April 26, 2017, Al Mona Misr made an offer to acquire 42.96% stake in National Company for Maize Products (CASE:NCMP) from Misr Capital Investments SAE. Cairo Three A Group offered to acquire 42.96% stake for EGP 45 per share. The Egyptian Financial Supervisory Authority approved the transaction on November 7, 2017. As of November 16, 2017, Cairo Three A Group revised the offer price to EGP 51 per share. As per the amended offer, Cairo Three A Group will acquire 42.96% stake in National Company for Maize Products (CASE:NCMP) from Misr Capital Investments SAE for approximately EGP 650 million. The Egyptian Financial Supervisory Authority approved revised offer on November 16, 2017. The offer is expected to expire on November 21, 2017. Pharos Holding S.A.E. acted as financial advisor and Al Tamimi & Company acted as legal advisor for Misr Capital Investments SAE. CI Capital Holding Co S.A.E. acted as financial advisor and Matouk Bassiouny Independent Law Firm acted as legal advisor for Cairo Three A Group. Cairo Three A Group completed the acquisition of 42.95% stake in National Company for Maize Products (CASE:NCMP) from Misr Capital Investments SAE for approximately EGP 650 million on November 23, 2017. Following the transaction, Misr Capital Investments will hold 0.008% stake in NCMP.