{"id":542551,"date":"2022-01-03T03:46:09","date_gmt":"2022-01-03T03:46:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/"},"modified":"2022-01-03T03:46:09","modified_gmt":"2022-01-03T03:46:09","slug":"ebtikar-ups-stake-in-bee-to-99-9-through-share-swap","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/","title":{"rendered":"Ebtikar ups stake in Bee to 99.9% through share swap"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Ebtikar ups stake in subsidiary Bee to 99.9% through share swap: <\/strong>Non-bank financial services player Ebtikar Financial Investments Holding has upped its stake in e-payments platform Bee to 99.9% from 60% via a share swap, its parent companies MM Group and B Investments said in EGX filings (<a href=\"https:\/\/ent.news\/2021\/12\/%D8%A7%D9%85-%D8%A7%D9%85-%D8%A8%D9%8A%D8%A7%D9%86-%D8%A7%D9%86%D8%AC%D9%84%D9%8A%D8%B2%D9%89-30-12-2021.pdf\">here, pdf<\/a> and <a href=\"https:\/\/ent.news\/2022\/1\/272666_1.pdf\">here, pdf<\/a>) last week.<\/p>\n<p><strong>The swap:<\/strong> Bee shareholders will acquire new shares issued by Ebtikar in return for handing over the 39.9% stake. This will see MM Group\u2019s stake in Ebtikar diluted from 49.9% to 40.5% and B Investment\u2019s holdings reduced from 20.3% to 16.5%.<\/p>\n<p><strong>The shareholders:<\/strong> The swap is based on <a href=\"https:\/\/ent.news\/2021\/2\/MM-Group-Vodafone-Bee-Masary-Acquisition-EN.pdf\">an agreement (pdf)<\/a> signed in February with Bee\u2019s former owner Technobiz Equipment (TBE), which agreed to hand over a 20% stake in the company in return for equity in Ebtikar. The remaining 19.9% of the shares were swapped with a second unidentified investor.<\/p>\n<p><strong>Where\u2019s Vodafone in all of this?<\/strong> Last February Vodafone Egypt signed a MoU with Ebtikar to acquire a 20% stake in Bee and its other e-payments company, Masary, but nothing has been heard about the transaction <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4aa5c8a6-4089-42cb-a442-f739179ba4c5\">since the summer<\/a>.<\/p>\n<p><strong>Ebtikar has plans to go public:<\/strong> Back in February, MM Group framed the Bee takeover as part of its plans to IPO Ebtikar on the EGX, writing in the statement that the transaction was a prelude to a listing. Ebtikar said in June it was planning to sell shares <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e2288438-1757-4a28-b7a4-8060a362753b\">in 4Q2021<\/a> but has not recently spoken of the transaction. Shareholders have yet to say how much of the company they may offer in a sale.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ebtikar ups stake in subsidiary Bee to 99.9% through share swap: Non-bank financial services player Ebtikar Financial Investments Holding has upped its stake in e-payments platform Bee to 99.9% from 60% via a share swap, its parent companies MM Group and B Investments said in EGX filings (here, pdf and here, pdf) last week. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":542552,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7363],"tags":[140,139,138,72,7128],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-542551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch","tag-b-investments","tag-bee-smart-payment-solutions","tag-ebtikar","tag-enterpriseam","tag-ma-watch","wpautop","entry"],"acf":{"mongo_id":"e18357df-5456-4594-8833-db7db1066924","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/1\/27.jpg","photo_position":"above","related_issue":[542541],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Ebtikar ups stake in Bee to 99.9% through share swap - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ebtikar ups stake in Bee to 99.9% through share swap\" \/>\n<meta property=\"og:description\" content=\"Ebtikar ups stake in subsidiary Bee to 99.9% through share swap: Non-bank financial services player Ebtikar Financial Investments Holding has upped its stake in e-payments platform Bee to 99.9% from 60% via a share swap, its parent companies MM Group and B Investments said in EGX filings (here, pdf and here, pdf) last week. The [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-03T03:46:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/27.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Ebtikar ups stake in Bee to 99.9% through share swap\",\"datePublished\":\"2022-01-03T03:46:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/\"},\"wordCount\":261,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/27.jpg?fit=%2C&ssl=1\",\"keywords\":[\"B Investments\",\"Bee Smart Payment Solutions\",\"Ebtikar\",\"EnterpriseAM\",\"M&amp;A Watch\"],\"articleSection\":[\"M&amp;A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/\",\"name\":\"Ebtikar ups stake in Bee to 99.9% through share swap - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/27.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2022-01-03T03:46:09+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/27.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/27.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ebtikar ups stake in Bee to 99.9% through share swap\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Ebtikar ups stake in Bee to 99.9% through share swap - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/","og_locale":"en_US","og_type":"article","og_title":"Ebtikar ups stake in Bee to 99.9% through share swap","og_description":"Ebtikar ups stake in subsidiary Bee to 99.9% through share swap: Non-bank financial services player Ebtikar Financial Investments Holding has upped its stake in e-payments platform Bee to 99.9% from 60% via a share swap, its parent companies MM Group and B Investments said in EGX filings (here, pdf and here, pdf) last week. The [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-01-03T03:46:09+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/27.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Ebtikar ups stake in Bee to 99.9% through share swap","datePublished":"2022-01-03T03:46:09+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/"},"wordCount":261,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/27.jpg?fit=%2C&ssl=1","keywords":["B Investments","Bee Smart Payment Solutions","Ebtikar","EnterpriseAM","M&amp;A Watch"],"articleSection":["M&amp;A WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/","name":"Ebtikar ups stake in Bee to 99.9% through share swap - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/27.jpg?fit=%2C&ssl=1","datePublished":"2022-01-03T03:46:09+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/27.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/27.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Ebtikar ups stake in Bee to 99.9% through share swap"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/27.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/27.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/27.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":560972,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/21\/ebtikar-now-holds-80-of-bee-rx-healthcare-has-a-egp-1-bn-ma-pipeline\/","url_meta":{"origin":542551,"position":0},"title":"Ebtikar now holds 80% of Bee + Rx Healthcare has a EGP 1 bn M&#038;A pipeline","author":"enterpriseam admin","date":"21 March 2021","format":false,"excerpt":"Ebtikar now holds 80% of Bee after acquiring an additional 20% stake in the company held by software services company Techno Beez. The EGP 40 mn transaction officially closed yesterday, Al Mal reports, citing unnamed sources. Ebtikar, which already held a 60% stake in Bee before the transaction, is now\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560344,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/24\/vodafone-to-acquire-20-in-fintech-players-bee-and-masary\/","url_meta":{"origin":542551,"position":1},"title":"Vodafone to acquire 20% in fintech players Bee and Masary","author":"enterpriseam admin","date":"24 February 2021","format":false,"excerpt":"Vodafone Egypt is set to acquire a 20% stake in each of Bee and Masary \u2014 both subsidiaries of non-banking financial services provider Ebtikar \u2014 under the terms of an MoU between Ebtikar and Vodafone, Hapi Journal reports. Vodafone will acquire the stakes through a capital increase. The acquisition comes\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/347.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":628133,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/26\/ebtikar-acquires-33-7-stake-in-masary\/","url_meta":{"origin":542551,"position":2},"title":"Ebtikar acquires 33.7% stake in Masary","author":"enterpriseam admin","date":"26 June 2018","format":false,"excerpt":"M&A WATCH- Ebtikar acquires 33.7% stake in payments outfit Masary: Ebtikar for Financial Investment, a joint venture between B Investments and MM Group, acquired a 33.7% stake in e-payments firm Masary in a transaction worth EGP 130 mn, Ebtikar said in a statement on Monday (pdf). The transaction on Masary,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575076,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/","url_meta":{"origin":542551,"position":3},"title":"Ebtikar receives offers for stakes in e-payments firms Bee, Masary","author":"enterpriseam admin","date":"1 October 2020","format":false,"excerpt":"M&A WATCH- Foreign, local investors eye stakes in fintech players Bee, Masary: Non-banking financial services outfit Ebtikar has received \u201cseveral\u201d offers from unnamed local and foreign investors for stakes in two of its subsidiaries, Bee smart payment solutions and Masary smart payment services, the local press reported, citing sources with\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/18.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":601932,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/13\/ebtikar-plans-new-investments-for-bee\/","url_meta":{"origin":542551,"position":4},"title":"Ebtikar plans new investments for Bee","author":"enterpriseam admin","date":"13 March 2019","format":false,"excerpt":"Ebtikar for Financial Investment, a 50-50 joint venture between BPE Partners and MTI, is planning to invest EGP \u201ctens of mns\u201d in TBE Egypt and Payment Solutions (Bee) over the coming period, Ebtikar Chairman Ayman El Dessouky tells Al Mal. Ebtikar acquired 60% of Bee in October 2017 and invested\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":564041,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/vodafone-egypt-wraps-up-due-diligence-on-bee-masary\/","url_meta":{"origin":542551,"position":5},"title":"Vodafone Egypt wraps up due diligence on Bee, Masary","author":"enterpriseam admin","date":"4 August 2021","format":false,"excerpt":"Vodafone Egypt completes due diligence on Bee + Masary: Vodafone Egypt has wrapped up its due diligence on e-payments platforms Bee and Masary, subsidiaries of non-banking financial services (NBFS) player Ebtikar, an unnamed source at Ebtikar told Enterprise this morning, confirming earlier reports in the local press. The telecoms giant\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/362.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/542551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=542551"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/542551\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/542541"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/542552"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=542551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=542551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=542551"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=542551"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=542551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}