{"id":561187,"date":"2021-03-29T03:46:34","date_gmt":"2021-03-29T03:46:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/ek-holding-increases-stake-in-alexandria-fertilizers\/"},"modified":"2021-03-29T03:46:34","modified_gmt":"2021-03-29T03:46:34","slug":"ek-holding-increases-stake-in-alexandria-fertilizers","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/ek-holding-increases-stake-in-alexandria-fertilizers\/","title":{"rendered":"EK Holding increases stake in Alexandria Fertilizers"},"content":{"rendered":"<p><strong>EK Holding has reportedly purchased a 10% stake in Alexandria Fertilizers in a USD<\/strong><strong> 50 mn transaction<\/strong>, according to a report in Al Mal\u2019s print edition, which cites sources with knowledge of the transaction. EKH, which already owned a 45% stake in the company, acquired the bulk of the shares from Banque Misr\u2019s investment arm Misr Capital, which sold its 4.16% stake for USD 14.7 mn, the sources said. EKH also raised its indirect stake in Alexandria Fertilizers by purchasing another 10% stake in Kuwait Gate Holding \u2014 one of Alexandria Fertilizers shareholders \u2014 in a USD 38.5 mn transaction. Pharos Holding executed both transactions on the OTC market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EK Holding has reportedly purchased a 10% stake in Alexandria Fertilizers in a USD 50 mn transaction, according to a report in Al Mal\u2019s print edition, which cites sources with knowledge of the transaction. EKH, which already owned a 45% stake in the company, acquired the bulk of the shares from Banque Misr\u2019s investment arm [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[813,576,1668,72,7128,86],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-561187","post","type-post","status-publish","format-standard","hentry","category-ma-watch","tag-al-ahly-pharos","tag-banque-misr","tag-egypt-kuwait-holding","tag-enterpriseam","tag-ma-watch","tag-misr-capital","wpautop","entry"],"acf":{"mongo_id":"085fcca1-1aa3-48f4-a218-82d7746c3e26","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[561175],"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>EK Holding increases stake in Alexandria Fertilizers - 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\/2021\/03\/29\/ek-holding-increases-stake-in-alexandria-fertilizers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EK Holding increases stake in Alexandria Fertilizers\" \/>\n<meta property=\"og:description\" content=\"EK Holding has reportedly purchased a 10% stake in Alexandria Fertilizers in a USD 50 mn transaction, according to a report in Al Mal\u2019s print edition, which cites sources with knowledge of the transaction. EKH, which already owned a 45% stake in the company, acquired the bulk of the shares from Banque Misr\u2019s investment arm [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/ek-holding-increases-stake-in-alexandria-fertilizers\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-29T03:46:34+00:00\" \/>\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\/2021\/03\/29\/ek-holding-increases-stake-in-alexandria-fertilizers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/ek-holding-increases-stake-in-alexandria-fertilizers\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EK Holding increases stake in Alexandria Fertilizers\",\"datePublished\":\"2021-03-29T03:46:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/ek-holding-increases-stake-in-alexandria-fertilizers\/\"},\"wordCount\":109,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Al Ahly Pharos\",\"Banque Misr\",\"Egypt Kuwait Holding\",\"EnterpriseAM\",\"M&amp;A Watch\",\"Misr Capital\"],\"articleSection\":[\"M&amp;A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/ek-holding-increases-stake-in-alexandria-fertilizers\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/ek-holding-increases-stake-in-alexandria-fertilizers\/\",\"name\":\"EK Holding increases stake in Alexandria Fertilizers - 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