{"id":543659,"date":"2022-02-13T04:04:51","date_gmt":"2022-02-13T04:04:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/"},"modified":"2022-02-13T04:04:51","modified_gmt":"2022-02-13T04:04:51","slug":"macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/","title":{"rendered":"Macro marks EGX debut, says it\u2019s eyeing an acquisition this year"},"content":{"rendered":"

<\/a> Leading cosmeceutical outfit <\/strong>Macro Group<\/a><\/strong> is doing due diligence on an<\/strong> acquisition<\/strong> with an eye to completing the transaction this year, Al Borsa<\/a> quotes CEO Hisham Wasfy as saying at a press conference on Thursday after the company made its EGP 1.3 bn EGX debut. The company had acquired a nutritional supplement company in 4Q2021, Wasfy also said, without disclosing the name or value of the acquisition.<\/p>\n

The IPO:<\/strong> Macro\u2019s IPO saw it sell 264.5 mn shares (equivalent to a 45.8% stake) at EGP 4.85 apiece, valuing the company at around EGP 2.8 bn. Shareholder Leo 1 \u2014 a special purpose vehicle that held 99.9% of Macro \u2014 sold the shares in a secondary sale, according to a statement (pdf)<\/a> from EFG Hermes, which quarterbacked the transaction. Shares in the cosmeceuticals firm rose as much as 15% on Thursday before falling back to close at EGP 4.51, below their EGP 4.85 opening price.<\/p>\n

Strong investor interest:<\/strong> The IPO saw around 5.6k investors participating in the retail and institutional offerings, according to an EGX statement (pdf)<\/a>, around half of whom were new investors. The institutional offering \u2014 which was allocated 95% of the shares \u2014 was 1.8x oversubscribed<\/a>, while the retail component saw stronger demand, closing 102x oversubscribed<\/a>.<\/p>\n

IPO momentum picking up?<\/strong> Macro\u2019s debut on the bourse marks our second IPO of the year, after Al Khair River for Development and Investment (aka Nahr El Khair) got the ball rolling last month<\/a>. Macro\u2019s IPO comes as the government is gearing up to revive the state privatization program this year, with Prime Minister Moustafa Madbouly, Planning Minister Hala El Said, and Finance Minister Mohamed Maait all signaling over the past couple of weeks that we should expect to see several state listings<\/a> this year. Maait pledged last month to restart the privatization program in March<\/a>, a few days after El Said said that the government could sell stakes every month or two<\/a>.<\/p>\n

Advisors:<\/strong> Our friends at EFG Hermes quarterbacked the transaction as sole global coordinator. EFG Hermes and Renaissance Capital acted as joint bookrunners, while White & Case was counsel to the issuer. Dechert and Zaki Hashem & Partners were counsel to the joint bookrunners, while PwC was appointed external auditor. Inktank<\/a> was investor relations advisor.<\/p>\n","protected":false},"excerpt":{"rendered":"

Leading cosmeceutical outfit Macro Group is doing due diligence on an acquisition with an eye to completing the transaction this year, Al Borsa quotes CEO Hisham Wasfy as saying at a press conference on Thursday after the company made its EGP 1.3 bn EGX debut. The company had acquired a nutritional supplement company in 4Q2021, […]<\/p>\n","protected":false},"author":1,"featured_media":543660,"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":[7224],"tags":[68,72,78,7128,77,587],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-543659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo-watch","tag-egx","tag-enterpriseam","tag-ipo-watch","tag-ma-watch","tag-macro-group","tag-state-privatization-program","wpautop","entry"],"acf":{"mongo_id":"39055a56-7810-4807-a4f8-ad1347481f6f","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/2\/159.jpg","photo_position":"above","related_issue":[543653],"teaser":"","voice_url":""},"yoast_head":"\nMacro marks EGX debut, says it\u2019s eyeing an acquisition this year - 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\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Macro marks EGX debut, says it\u2019s eyeing an acquisition this year\" \/>\n<meta property=\"og:description\" content=\"Leading cosmeceutical outfit Macro Group is doing due diligence on an acquisition with an eye to completing the transaction this year, Al Borsa quotes CEO Hisham Wasfy as saying at a press conference on Thursday after the company made its EGP 1.3 bn EGX debut. The company had acquired a nutritional supplement company in 4Q2021, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-13T04:04:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/159.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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Macro marks EGX debut, says it\u2019s eyeing an acquisition this year\",\"datePublished\":\"2022-02-13T04:04:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/\"},\"wordCount\":372,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/159.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EGX\",\"EnterpriseAM\",\"IPO watch\",\"M&A Watch\",\"Macro Group\",\"state privatization program\"],\"articleSection\":[\"IPO\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/\",\"name\":\"Macro marks EGX debut, says it\u2019s eyeing an acquisition this year - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/159.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2022-02-13T04:04:51+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/159.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/159.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Macro marks EGX debut, says it\u2019s eyeing an acquisition this year\"}]},{\"@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":"Macro marks EGX debut, says it\u2019s eyeing an acquisition this year - 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\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/","og_locale":"en_US","og_type":"article","og_title":"Macro marks EGX debut, says it\u2019s eyeing an acquisition this year","og_description":"Leading cosmeceutical outfit Macro Group is doing due diligence on an acquisition with an eye to completing the transaction this year, Al Borsa quotes CEO Hisham Wasfy as saying at a press conference on Thursday after the company made its EGP 1.3 bn EGX debut. The company had acquired a nutritional supplement company in 4Q2021, […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-02-13T04:04:51+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/159.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":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Macro marks EGX debut, says it\u2019s eyeing an acquisition this year","datePublished":"2022-02-13T04:04:51+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/"},"wordCount":372,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/159.jpg?fit=%2C&ssl=1","keywords":["EGX","EnterpriseAM","IPO watch","M&A Watch","Macro Group","state privatization program"],"articleSection":["IPO"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/","name":"Macro marks EGX debut, says it\u2019s eyeing an acquisition this year - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/159.jpg?fit=%2C&ssl=1","datePublished":"2022-02-13T04:04:51+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/159.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/159.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/macro-marks-egx-debut-says-its-eyeing-an-acquisition-this-year\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Macro marks EGX debut, says it\u2019s eyeing an acquisition this year"}]},{"@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\/2\/159.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/159.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\/2\/159.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":554236,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/27\/macro-group-revives-ipo-plans-for-1q2022\/","url_meta":{"origin":543659,"position":0},"title":"Macro Group revives IPO plans for 1Q2022","author":"enterpriseam admin","date":"27 December 2021","format":false,"excerpt":"Cosmeceuticals giant Macro Group Pharma may make its EGX debut\u00a0in the first quarter of 2022, a source familiar with the matter told Enterprise, adding that the exact timeline for the IPO has not yet been set. The company yesterday received approval from the Financial Regulatory Authority (FRA) to list on\u2026","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/489.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554280,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/macro-group-scheduled-to-ipo-before-23-january-omran\/","url_meta":{"origin":543659,"position":1},"title":"Macro Group scheduled to IPO before 23 January -Omran","author":"enterpriseam admin","date":"28 December 2021","format":false,"excerpt":"Cosmeceuticals giant Macro Group Pharma is scheduled to IPO before 23 January, Financial Regulatory Authority (FRA) head Mohamed Omran told CNBC Arabia yesterday. The regulator gave Macro Group the greenlight on Sunday to offer up to 45.8% of its shares on the EGX, but its approval for the transaction that\u2026","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/512.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542727,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/13\/one-step-closer-to-macros-ipo\/","url_meta":{"origin":543659,"position":2},"title":"One step closer to Macro\u2019s IPO","author":"enterpriseam admin","date":"13 January 2022","format":false,"excerpt":"Cosmeceuticals giant Macro Group\u2019s shares will be listed on the EGX today after receiving the blessing of the bourse\u2019s listing committee yesterday, according to an EGX statement (pdf) yesterday. The listing will pave the way for company\u2019s plan to offer up to 45.8% of its shares (which will trade under\u2026","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/152.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543604,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/09\/egx-executes-macro-ipo\/","url_meta":{"origin":543659,"position":3},"title":"EGX executes Macro IPO","author":"enterpriseam admin","date":"9 February 2022","format":false,"excerpt":"The EGX has executed the sale of shares to investors who subscribed to Macro Group\u2019s IPO, which saw it offer a 45.8% stake to institutional and retail investors over the past week, the bourse said yesterday. Macro raised EGP 1.3 bn in the IPO, which saw it sell 264.5 mn\u2026","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/117.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542909,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/24\/moving-closer-to-macro-group-ghazl-el-mahalla-ipos\/","url_meta":{"origin":543659,"position":4},"title":"Moving closer to Macro Group + Ghazl El Mahalla IPOs","author":"enterpriseam admin","date":"24 January 2022","format":false,"excerpt":"The Financial Regulatory Authority (FRA) has given Macro Group the green light to publish the public subscription notice for its upcoming IPO, according to an FRA statement (pdf) dated 20 January. The group will sell up to 264.5 mn shares \u2014 or 45.8% of the company \u2014 at a maximum\u2026","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/303.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":565316,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/01\/one-step-closer-to-a-macro-group-ipo\/","url_meta":{"origin":543659,"position":5},"title":"One step closer to a Macro Group IPO","author":"enterpriseam admin","date":"1 April 2021","format":false,"excerpt":"Over 577 mn shares of Macro Group Pharma will be listed on the EGX on Monday ahead of the company\u2019s IPO, after the EGX listing committee approved the move yesterday, according to an EGX statement. Trading on shares is scheduled to begin on 19 April under ticker symbol MCRO.CA. The\u2026","rel":"","context":"In "SPEED ROUND: IPO WATCH"","block_context":{"text":"SPEED ROUND: IPO WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/308.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\/543659","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=543659"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/543659\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/543653"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/543660"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=543659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=543659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=543659"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=543659"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=543659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}