{"id":564838,"date":"2021-03-02T14:18:26","date_gmt":"2021-03-02T14:18:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/"},"modified":"2021-03-02T14:18:26","modified_gmt":"2021-03-02T14:18:26","slug":"prime-speed-medical-services-reduces-target-stake-in-al-safwa","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/","title":{"rendered":"Prime Speed Medical Services reduces target stake in Al Safwa"},"content":{"rendered":"

<\/a> Prime Speed Medical is scaling back the stake it plans to acquire<\/strong> in New Al Safwa <\/strong>Specialized <\/strong>Hospital to 4.4% from 10%<\/strong>, it said in a regulatory filing (pdf)<\/a>, putting the transaction at a value of EGP 8.4 mn instead of the previously announced EGP 15.5 mn. The decision came after not enough of Al Safwa shareholders agreed to sell their stakes to Prime Speed, the disclosure said. Prime Speed was looking<\/a> to acquire shares in Al Safwa through Speed Hospitals \u2014 a subsidiary of Speed Medical (SPMD), Prime\u2019s sister company. Speed Hospital itself wants at least 50% plus one share of Al Safwa along with management rights.<\/p>\n

Untangling the whole Speed, Prime Speed ownership:<\/strong> Separately, Prime Speed Medical\u2019s three major shareholders \u2014 Prime Egypt Group chairman Tamer Waguih, and Prime Speed Medical board members Ayman Sabry and Mahmoud Farrag \u2014 said they would prefer a share swap transaction for their upcoming merger with SPMDl, Waguih reportedly told Al Mal<\/a>. The three are apparently looking to swap their entire stakes in Prime Speed, which amount to 70% of the company, with SPMD shares. SPMD\u2019s board of directors approved last month<\/a> buying a 100% stake in Prime Speed Medical, up from a current 30% stake. SPMD had set up Prime Speed Medical Services last year<\/a> along with other shareholders including Waguih. Zaki Hashem & Partners will manage the transaction.<\/p>\n","protected":false},"excerpt":{"rendered":"

Prime Speed Medical is scaling back the stake it plans to acquire in New Al Safwa Specialized Hospital to 4.4% from 10%, it said in a regulatory filing (pdf), putting the transaction at a value of EGP 8.4 mn instead of the previously announced EGP 15.5 mn. The decision came after not enough of Al […]<\/p>\n","protected":false},"author":1,"featured_media":564839,"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":[10045],"tags":[633,7115,7128],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-564838","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round-ma-watch","tag-enterprisepm","tag-healthcare","tag-ma-watch","wpautop","entry"],"acf":{"mongo_id":"9f2be53e-6ddc-4c80-bbc5-7b05bac307c2","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/3\/398.jpg","photo_position":"above","related_issue":[564832],"teaser":"","voice_url":""},"yoast_head":"\nPrime Speed Medical Services reduces target stake in Al Safwa - 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\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prime Speed Medical Services reduces target stake in Al Safwa\" \/>\n<meta property=\"og:description\" content=\"Prime Speed Medical is scaling back the stake it plans to acquire in New Al Safwa Specialized Hospital to 4.4% from 10%, it said in a regulatory filing (pdf), putting the transaction at a value of EGP 8.4 mn instead of the previously announced EGP 15.5 mn. The decision came after not enough of Al […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-02T14:18:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/398.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\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Prime Speed Medical Services reduces target stake in Al Safwa\",\"datePublished\":\"2021-03-02T14:18:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/\"},\"wordCount\":229,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/398.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterprisePM\",\"healthcare\",\"M&A Watch\"],\"articleSection\":[\"SPEED ROUND: M&A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/\",\"name\":\"Prime Speed Medical Services reduces target stake in Al Safwa - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/398.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2021-03-02T14:18:26+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/398.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/398.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Prime Speed Medical Services reduces target stake in Al Safwa\"}]},{\"@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":"Prime Speed Medical Services reduces target stake in Al Safwa - 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\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/","og_locale":"en_US","og_type":"article","og_title":"Prime Speed Medical Services reduces target stake in Al Safwa","og_description":"Prime Speed Medical is scaling back the stake it plans to acquire in New Al Safwa Specialized Hospital to 4.4% from 10%, it said in a regulatory filing (pdf), putting the transaction at a value of EGP 8.4 mn instead of the previously announced EGP 15.5 mn. The decision came after not enough of Al […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-03-02T14:18:26+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/398.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\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Prime Speed Medical Services reduces target stake in Al Safwa","datePublished":"2021-03-02T14:18:26+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/"},"wordCount":229,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/398.jpg?fit=%2C&ssl=1","keywords":["EnterprisePM","healthcare","M&A Watch"],"articleSection":["SPEED ROUND: M&A WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/","name":"Prime Speed Medical Services reduces target stake in Al Safwa - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/398.jpg?fit=%2C&ssl=1","datePublished":"2021-03-02T14:18:26+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/398.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/398.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/02\/prime-speed-medical-services-reduces-target-stake-in-al-safwa\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Prime Speed Medical Services reduces target stake in Al Safwa"}]},{"@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\/2021\/3\/398.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/398.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\/2021\/3\/398.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":564443,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/07\/ma-and-an-ipo-in-the-works-for-speed-savola-looking-at-an-egypt-acquisition\/","url_meta":{"origin":564838,"position":0},"title":"M&A and an IPO in the works for Speed + Savola looking at an Egypt acquisition","author":"enterpriseam admin","date":"7 February 2021","format":false,"excerpt":"Speed Medical closing in on Al Safwa Hospital acquisition, says it will spin-off hospitals arm ahead of IPO: A consortium led by Speed Hospitals \u2014 a subsidiary of diagnostics and healthcare firm Speed Medical \u2014 is looking to acquire a 100% stake in Six of October\u2019s New Al Safwa Specialized\u2026","rel":"","context":"In "SPEED ROUND: M&A WATCH"","block_context":{"text":"SPEED ROUND: M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/412.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554315,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/29\/fra-takes-legal-action-against-speed-medical\/","url_meta":{"origin":564838,"position":1},"title":"FRA takes legal action against Speed Medical","author":"enterpriseam admin","date":"29 December 2021","format":false,"excerpt":"Speed-related drama in the headlines: The Financial Regulatory Authority (FRA) has filed two lawsuits against Speed Medical (SPMD) before the Cairo Economic Court, SPMD said in a regulatory filing yesterday (pdf). An FRA official declined to get into the specifics of the lawsuits, saying the agency cannot comment about ongoing\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/541.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569326,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/speed-medical-signs-acquisition-agreement-with-safwa-labs-in-egypts-ismaila\/","url_meta":{"origin":564838,"position":2},"title":"Speed Medical signs acquisition agreement with Safwa labs in Egypt\u2019s Ismaila","author":"enterpriseam admin","date":"20 February 2020","format":false,"excerpt":"M&A WATCH- Speed Medical signs management + acquisition agreement with Ismailia\u2019s Safwa labs: Speed Medical has signed an agreement to acquire Ismailia-based medical labs chain Safwa later this year after managing Safwa\u2019s five branches for a few months on a trial basis, Speed said in a disclosure to the EGX\u2026","rel":"","context":"In "Speed Round"","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":557195,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/speed-medical-pays-shareholders-egp-4-mn-to-extend-acquisition-timeline\/","url_meta":{"origin":564838,"position":3},"title":"Speed Medical pays shareholders EGP 4 mn to extend acquisition timeline","author":"enterpriseam admin","date":"9 September 2021","format":false,"excerpt":"Speed Medical announced that it had paid New Al Safwa Specialized Hospital\u2019s shareholders EGP 4 mn in June as part of compensation for the months delay on the transaction, the company said in a bourse filing (pdf). The company said it had paid the amount to a representative of the\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/124.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566126,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/30\/speed-medical-quits-bidding-war-for-alex-medical\/","url_meta":{"origin":564838,"position":4},"title":"Speed Medical quits bidding war for Alex Medical","author":"enterpriseam admin","date":"30 May 2021","format":false,"excerpt":"Speed Medical is no longer part of a consortium bidding for 100% of Alexandria Medical Services, the EGX-listed medical diagnostics firm said in a statement (pdf), adding that it would instead be looking for new investments that it could consolidate on its balance sheet. Speed was after a 10% stake\u2026","rel":"","context":"In "SPEED ROUND: M&A WATCH"","block_context":{"text":"SPEED ROUND: M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/481.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":560153,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/17\/speed-medical-buying-out-partners-in-prime-speed\/","url_meta":{"origin":564838,"position":5},"title":"Speed Medical buying out partners in Prime Speed?","author":"enterpriseam admin","date":"17 February 2021","format":false,"excerpt":"Diagnostics and healthcare firm Speed Medical (SPMD) wants to take 100% ownership of Prime Speed Healthcare, according to a report in Al Mal\u2019s print edition, citing unnamed sources that claim Speed Medical\u2019s board of directors signed off on the acquisition yesterday. The value of the transaction was not disclosed.The transaction\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/564838","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=564838"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/564838\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/564832"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/564839"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=564838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=564838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=564838"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=564838"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=564838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}