{"id":563948,"date":"2021-07-29T04:00:21","date_gmt":"2021-07-29T04:00:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/compass-raises-rameda-stake-to-15-4\/"},"modified":"2021-07-29T04:00:21","modified_gmt":"2021-07-29T04:00:21","slug":"compass-raises-rameda-stake-to-15-4","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/compass-raises-rameda-stake-to-15-4\/","title":{"rendered":"Compass raises Rameda stake to 15.4%"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Compass ups stake in Rameda:<\/strong> Rameda Pharma\u2019s largest shareholder Equinox Pharma has raised its stake in the company by 2.7% to 15.4%, the company said in <a href=\"https:\/\/ent.news\/2021\/7\/Rameda-Equinox-Announcement-E.pdf\">a statement (pdf)<\/a> last night. Equinox is <a href=\"https:\/\/www.difc.ae\/public-register\/equinox-pharma-holding-limited\/\">owned by Compass Investment<\/a>, which <a href=\"https:\/\/compass-cap.com\/private-equity\/our-portfolio\/\">acquired 100% of Rameda in 2011<\/a> before listing it on the EGX in 2019.<\/p>\n<p><strong>What they said:<\/strong> \u201cWe look forward to further solidifying Rameda\u2019s decade-long relationship with our main shareholder, Equinox.\/ We believe that the transaction underscores Equinox\u2019s continued confidence in Rameda\u2019s ability to deliver sustainable long-term growth and value creation,\u201d said Rameda CEO Amr Morsy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Compass ups stake in Rameda: Rameda Pharma\u2019s largest shareholder Equinox Pharma has raised its stake in the company by 2.7% to 15.4%, the company said in a statement (pdf) last night. Equinox is owned by Compass Investment, which acquired 100% of Rameda in 2011 before listing it on the EGX in 2019. What they said: [&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":[72,7128,427,449],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-563948","post","type-post","status-publish","format-standard","hentry","category-ma-watch","tag-enterpriseam","tag-ma-watch","tag-pharma","tag-rameda-pharma","wpautop","entry"],"acf":{"mongo_id":"ee1e2cb1-e9d8-477f-a314-4b7ccca8c307","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[563938],"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>Compass raises Rameda stake to 15.4% - 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\/07\/29\/compass-raises-rameda-stake-to-15-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Compass raises Rameda stake to 15.4%\" \/>\n<meta property=\"og:description\" content=\"Compass ups stake in Rameda: Rameda Pharma\u2019s largest shareholder Equinox Pharma has raised its stake in the company by 2.7% to 15.4%, the company said in a statement (pdf) last night. Equinox is owned by Compass Investment, which acquired 100% of Rameda in 2011 before listing it on the EGX in 2019. What they said: [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/compass-raises-rameda-stake-to-15-4\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-29T04:00:21+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/compass-raises-rameda-stake-to-15-4\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/compass-raises-rameda-stake-to-15-4\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Compass raises Rameda stake to 15.4%\",\"datePublished\":\"2021-07-29T04:00:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/compass-raises-rameda-stake-to-15-4\/\"},\"wordCount\":98,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"M&amp;A Watch\",\"pharma\",\"Rameda Pharma\"],\"articleSection\":[\"M&amp;A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/compass-raises-rameda-stake-to-15-4\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/compass-raises-rameda-stake-to-15-4\/\",\"name\":\"Compass raises Rameda stake to 15.4% - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-07-29T04:00:21+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/compass-raises-rameda-stake-to-15-4\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/compass-raises-rameda-stake-to-15-4\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/compass-raises-rameda-stake-to-15-4\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Compass raises Rameda stake to 15.4%\"}]},{\"@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":"Compass raises Rameda stake to 15.4% - 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\/2021\/07\/29\/compass-raises-rameda-stake-to-15-4\/","og_locale":"en_US","og_type":"article","og_title":"Compass raises Rameda stake to 15.4%","og_description":"Compass ups stake in Rameda: Rameda Pharma\u2019s largest shareholder Equinox Pharma has raised its stake in the company by 2.7% to 15.4%, the company said in a statement (pdf) last night. 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PLUS: Equinox ups stake in Rameda, UAE embassy move, power generator plant","author":"enterpriseam admin","date":"7 November 2023","format":false,"excerpt":"The two companies also requested 20-year licenses for the concession","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/332.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544524,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/","url_meta":{"origin":563948,"position":1},"title":"Qatari dairy firm Baladna acquires 5% of Juhayna + Compass ups share in Rameda","author":"enterpriseam admin","date":"8 March 2022","format":false,"excerpt":"Qatar\u2019s Baladna acquires 5% stake in Juhayna: Qatari dairy firm Baladna has acquired a 5% stake (47.1 mn shares) in leading Egyptian dairy company Juhayna (JUFO) for EGP 285.8 mn, the firm said in a disclosure to the Qatar Stock Exchange. That works out to an average price per share\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\/2022\/3\/91.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591230,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/01\/rameda-pharma-retail-offering-oversubscribed-on-first-day\/","url_meta":{"origin":563948,"position":2},"title":"Rameda Pharma retail offering oversubscribed on first day","author":"enterpriseam admin","date":"1 December 2019","format":false,"excerpt":"IPO WATCH- Rameda Pharma retail offering oversubscribed on first day: The retail component of Rameda\u2019s IPO was oversubscribed at the close of play on Thursday, market sources told the local press. Retail investors put in orders for 19.65 mn shares, handily covering the 18.83 mn shares offered by the pharma\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":611147,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/03\/taqa-wants-some-of-wataniyas-stations-plus-blominvest-now-owns-more-of-rameda-more-investments-from-geidea\/","url_meta":{"origin":563948,"position":3},"title":"Taqa wants some of Wataniya\u2019s stations. PLUS: Blominvest now owns more of Rameda, more investments from Geidea","author":"enterpriseam admin","date":"3 December 2023","format":false,"excerpt":"Taqa Arabia will submit a binding offer to acquire a number of Wataniya fuel stations","rel":"","context":"In \"ALSO ON OUR RADAR\"","block_context":{"text":"ALSO ON OUR RADAR","link":"https:\/\/enterpriseam.com\/egypt\/tag\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/34.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":628045,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/rameda-to-offer-up-to-45-of-its-shares-on-egx\/","url_meta":{"origin":563948,"position":4},"title":"Rameda to offer up to 45% of its shares on EGX","author":"enterpriseam admin","date":"24 June 2018","format":false,"excerpt":"IPO WATCH- Pharma manufacturer Rameda is planning to list up to 45% of the company\u2019s shares on the EGX, sources close to the transaction tell us in the wake of a report in Al Mal on Thursday. 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