{"id":547781,"date":"2022-07-06T04:19:02","date_gmt":"2022-07-06T04:19:02","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/"},"modified":"2022-07-06T04:19:02","modified_gmt":"2022-07-06T04:19:02","slug":"orascom-could-sell-down-holdings-in-italian-web-service-provider","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/","title":{"rendered":"Orascom could sell down holdings in Italian web service provider"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Sawiris weighs selling stake in ItaliaOnline: <\/strong>Orascom TMT Investments \u2014 a company whose majority owner is Naguib Sawiris \u2014 is considering the sale of a stake in Italian web firm ItaliaOnline, sources familiar with the matter told <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-07-05\/billionaire-sawiris-mulls-options-for-italy-s-largest-web-firm#xj4y7vzkg\">Bloomberg<\/a>. The company could sell a minority or a controlling stake in a transaction that could value the internet service provider at around EUR 400 mn (USD 418 mn), the people said. Orascom currently holds a 72.5% stake in the company.<\/p>\n<p><strong>A number of companies have expressed interest<\/strong>, including Netherlands-based digital advertiser Azerion Group, but Orascom TMT has not yet taken a final decision regarding the sale, according to Bloomberg\u2019s sources.<\/p>\n<p><strong>Orascom recently agreed to purchase the rest of ItaliaOnline:<\/strong> The move comes weeks after Orascom <a href=\"https:\/\/www.marketscreener.com\/quote\/stock\/ITALIAONLINE-S-P-A-28734762\/news\/Libero-Acquisition-S-a-R-L-entered-into-share-purchase-agreement-to-acquire-remaining-27-54-stake-40571121\/\">agreed to purchase<\/a> the remaining 27.5% stake in the company from Goldentree Asset Management and Avenue-Europe International. The transaction was supposed to be finalized before the end of June and the current status is unclear.<\/p>\n<p><strong>No one\u2019s talking:<\/strong> Representatives for Orascom TMT, ItaliaOnline and Azerion all declined to comment when approached by the business newswire.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sawiris weighs selling stake in ItaliaOnline: Orascom TMT Investments \u2014 a company whose majority owner is Naguib Sawiris \u2014 is considering the sale of a stake in Italian web firm ItaliaOnline, sources familiar with the matter told Bloomberg. The company could sell a minority or a controlling stake in a transaction that could value the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":547782,"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":[72,2128,336,7128,2065,363],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-547781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch","tag-enterpriseam","tag-italiaonline","tag-italy","tag-ma-watch","tag-naguib-sawiris","tag-orascom-construction","wpautop","entry"],"acf":{"mongo_id":"e9af6ae6-7b10-4ec2-b258-da0b5554a65c","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/7\/138.jpg","photo_position":"above","related_issue":[547770],"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>Orascom could sell down holdings in Italian web service provider - 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\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orascom could sell down holdings in Italian web service provider\" \/>\n<meta property=\"og:description\" content=\"Sawiris weighs selling stake in ItaliaOnline: Orascom TMT Investments \u2014 a company whose majority owner is Naguib Sawiris \u2014 is considering the sale of a stake in Italian web firm ItaliaOnline, sources familiar with the matter told Bloomberg. The company could sell a minority or a controlling stake in a transaction that could value the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-06T04:19:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/7\/138.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\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Orascom could sell down holdings in Italian web service provider\",\"datePublished\":\"2022-07-06T04:19:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/\"},\"wordCount\":184,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/7\/138.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"ItaliaOnline\",\"Italy\",\"M&amp;A Watch\",\"Naguib Sawiris\",\"Orascom Construction\"],\"articleSection\":[\"M&amp;A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/\",\"name\":\"Orascom could sell down holdings in Italian web service provider - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/7\/138.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2022-07-06T04:19:02+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2022\/7\/138.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/7\/138.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Orascom could sell down holdings in Italian web service provider\"}]},{\"@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":"Orascom could sell down holdings in Italian web service provider - 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\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/","og_locale":"en_US","og_type":"article","og_title":"Orascom could sell down holdings in Italian web service provider","og_description":"Sawiris weighs selling stake in ItaliaOnline: Orascom TMT Investments \u2014 a company whose majority owner is Naguib Sawiris \u2014 is considering the sale of a stake in Italian web firm ItaliaOnline, sources familiar with the matter told Bloomberg. The company could sell a minority or a controlling stake in a transaction that could value the [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-07-06T04:19:02+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/138.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\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Orascom could sell down holdings in Italian web service provider","datePublished":"2022-07-06T04:19:02+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/"},"wordCount":184,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/138.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","ItaliaOnline","Italy","M&amp;A Watch","Naguib Sawiris","Orascom Construction"],"articleSection":["M&amp;A WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/","name":"Orascom could sell down holdings in Italian web service provider - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/138.jpg?fit=%2C&ssl=1","datePublished":"2022-07-06T04:19:02+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/138.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/138.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/orascom-could-sell-down-holdings-in-italian-web-service-provider\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Orascom could sell down holdings in Italian web service provider"}]},{"@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\/7\/138.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/138.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\/7\/138.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":565755,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/28\/orascom-investment-to-sell-pakistan-internet-subsidiary\/","url_meta":{"origin":547781,"position":0},"title":"Orascom Investment to sell Pakistan internet subsidiary","author":"enterpriseam admin","date":"28 April 2021","format":false,"excerpt":"Naguib Sawiris\u2019 OIH to sell stake in Pakistan-based submarine cables business: Orascom Investment Holding\u2019s board of directors has preliminarily approved selling the company\u2019s entire stake in internet service provider Transworld Associates (TWA), the company said in a regulatory filing (pdf). OIH owns a 51% stake in TWA, which is an\u2026","rel":"","context":"In &quot;SPEED ROUND: M&amp;A WATCH&quot;","block_context":{"text":"SPEED ROUND: M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-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":574955,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/28\/orascom-financial-holding-eyeing-united-bank-of-egypt\/","url_meta":{"origin":547781,"position":1},"title":"Orascom Financial Holding eyeing United Bank of Egypt?","author":"enterpriseam admin","date":"28 September 2020","format":false,"excerpt":"M&A WATCH- Is Orascom Financial eyeing the United Bank of Egypt? Orascom Financial Holding (OFH) could look at acquiring a controlling stake in the United Bank of Egypt in what could be the newly formed company\u2019s first acquisition and foray into the country\u2019s banking system, Orasom Investment Holding (OIH) Chairman\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":568553,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/15\/samih-sawiris-to-offload-shares-in-orascom-housing-communities-to-uk-fund\/","url_meta":{"origin":547781,"position":2},"title":"Samih Sawiris to offload shares in Orascom Housing Communities to UK fund","author":"enterpriseam admin","date":"15 November 2020","format":false,"excerpt":"M&A WATCH- Samih Sawiris will offload his shares in affordable housing player Orascom Housing Communities to an unnamed British investment fund, Al Shorouk reports, citing unnamed sources familiar with the matter. Sawiris will reportedly sell 85% of the company\u2019s shares, including his personal 55% stake and the 30% held by\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":576328,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/19\/odh-confirms-it-is-looking-to-sell-stake-in-orascom-housing-communities\/","url_meta":{"origin":547781,"position":3},"title":"ODH confirms it is looking to sell stake in Orascom Housing Communities","author":"enterpriseam admin","date":"19 November 2020","format":false,"excerpt":"M&A WATCH- Orascom Development Egypt (ODH) is in talks to sell some or all of its stake in Orascom Housing Communities, it confirmed in a regulatory filing (pdf) yesterday. It offered no details on the expected size of the transaction or the identity of the potential buyer, though reports circulating\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":574873,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/orascom-financial-holding-strategy-to-arrive-by-years-end-sawiris\/","url_meta":{"origin":547781,"position":4},"title":"Orascom Financial Holding strategy to arrive by year\u2019s end -Sawiris","author":"enterpriseam admin","date":"24 September 2020","format":false,"excerpt":"Orascom Financial still working on plans for subsidiaries + investments, including potential sell-down of stake in Sarwa: Newly formed Orascom Financial Holding (OFH) is planning to bring to its shareholders a strategy for its subsidiaries and holdings within a few months\u2019 time, but has not yet made any concrete decisions,\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\/9\/266.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":625022,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/orascom-investment-to-acquire-entire-stake-of-nile-sugar-by-year-end\/","url_meta":{"origin":547781,"position":5},"title":"Orascom Investment to acquire entire stake of Nile Sugar by year-end","author":"enterpriseam admin","date":"25 September 2018","format":false,"excerpt":"M&A WATCH- Orascom Investment to acquire entire stake of Nile Sugar by year-end. Orascom Investment Holding (OIH) will acquire all the outstanding shares of Nile Sugar by the end of this year, Naguib Sawiris told CNBC Arabia, adding that due diligence on the transaction is ongoing. OIH is currently prioritizing\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/547781","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=547781"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/547781\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/547770"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/547782"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=547781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=547781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=547781"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=547781"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=547781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}