INVESTMENT WATCH- B Investments to invest EGP 200-300 mn in 1H2020: Private equity outfit BInvestments Holding is considering investing EGP 200-300 mn in education, healthcare, or food and beverages during the first half of 2020, IR Director Omar El Labban told the local press.

B Investments also has its eyes on HHD management rights: According to El Labban, B Investments is one of the three companies that submitted a bid to acquire a 10% stake with management rights in Heliopolis Housing & Development (HHD). The private equity firm, which is managed by BPE Partners, is currently waiting on HHD to select the winning bid, which HHD said could happen as early as this month.

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