Minapharm Pharmaceuticals (MIPH)

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News

8 April 2015 09:36 AM EGX executes EGP128m bid on Minapharm

Cairo-Mubasher: Egypt’s stock market on Wednesday executed the mandatory tender offer for shares in Minapharm Pharmaceuticals at a total value of EGP 128.2 million.The tender offer was executed on 3.4 million shares at EGP 37.5 each, the Egyptian …

Corporate Actions

1 April 2015 01:42 PM Dutch firm's buy offer for Minapharm receives 59.6% nod

By Ahmed AllamCairo-Mubasher: The total number of shares that responded to the obligatory tender offer submitted by Dutch Trekwerk BV for 46.71% stake in Minapharm Pharmaceuticals amounted to 59.55% of target shares.The Dutch company’s bid expired …

Mergers and Acquisitions

31 March 2015 09:57 AM Minapharm profits slip 39% in 2014

Cairo-Mubasher: Minapharm Pharmaceuticals posted a 39% decline in consolidated net profits for the fiscal year 2014, down to EGP 49.3 million compared with EGP 81.2 million in net profits a year earlier.Meanwhile, standalone net profits for the …

Financial Results

3 March 2015 09:40 AM Dutch firm gets EFSA nod on Minapharm bid

The Egyptian Financial Supervisory Authority (EFSA) approved in principle the obligatory tender offer submitted by Dutch Trekwerk BV Co. to buy 46.71% stake in Minapharm Pharmaceuticals, said a bourse statement. The Dutch firm aims to buy …

Corporate Actions

29 January 2015 08:26 AM Dutch firm set to get EFSA nod on Minapharm bid

Sayed Abdel Fadil, head of central department for financing and investments at The Egyptian Financial Supervisory Authority (EFSA) said the market regulator will post early next week at most its approval for Dutch Trekwerk BV to post its buy offer …

Company News

6 January 2015 08:57 AM EFSA to study Dutch bid for Minapharm shares

The Egyptian Financial Supervisory Authority (EFSA) said it is about to study the offer submitted by Dutch drugs firm Trekwerk BV to buy 46.71% of Minapharm Pharmaceuticals. The market regulator said the Dutch firm aims to buy 5742679 …

Company News

23 November 2014 00:47 PM Dutch firm approaches Minapharm for 100% takeover

Minapharm Pharmaceuticals announced, in a statement to the stock market, that it has been approved by Dutch drugs firm Trekwerk BV for a potential takeover of up to 100% in the company’s capital at EGP 37.5 per share.The company added …

Mergers and Acquisitions

15 September 2014 09:56 AM Minapharm distributes EGP0.45/share coupon installment Sept 15

Minapharm Pharmaceuticals Co. announced that coupon No. 10 will be paid at EGP 0.90 per share to shareholders of record till the close of trading on Thursday, July 10, 2014. The coupon will be paid at two equal installments at …

Company News

14 August 2014 10:47 AM Minapharm H1 profit dips 20.5% to EGP 39.95mln

Minapharm Pharmaceuticals posted consolidated net profit of EGP 39.95 million for H1-14, with 20.5% decline year-over-year from EGP 50.258 million.The company also posted EGP 38.504 million standalone net profit for H1-14, compared …

Company News