The farm out deal is now subject to the execution of closing documents, and other
standard conditions, which are related to the transfer of working interests.
However, Sheriff Andrew Miller granted bail on
standard conditions and fixed a preliminary hearing for September.
Subject to the satisfaction of
standard conditions, CEMEX expects to sign the final agreement during April 2019 and close this divestment during the second half of 2019.
The closing of this transaction is subject to the satisfaction of
standard conditions for this type of transactions, which includes authorization by regulators.
The accused was released on bail under
standard conditions.
Closing of the merger remains subject to the receipt of required regulatory approvals and other
standard conditions. The parties anticipate that the merger will close in 4Q18.
Subject to the receipt of required regulatory approvals and other
standard conditions, the transaction is expected to close in the fourth quarter of 2018.
The completion of the transaction is subject to the fulfillment of certain
standard conditions, including all necessary authorizations from Egypt's authorities.
In an eight-page resolution on Monday, the Third Division rejected Binay's fear that accepting the
standard conditions would make him lose his rights and legal remedies later on.
Brady was granted bail on
standard conditions but told to pay PS800 within seven days.