{"id":565065,"date":"2021-03-16T13:41:05","date_gmt":"2021-03-16T13:41:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/"},"modified":"2021-03-16T13:41:05","modified_gmt":"2021-03-16T13:41:05","slug":"banque-misr-officially-holds-90-of-ci-capital","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/","title":{"rendered":"Banque Misr officially holds 90% of CI Capital"},"content":{"rendered":"

<\/a> Banque Misr\u2019s EGP 3.06 bn <\/strong>acquisition of 65% of CI Capital<\/strong> went through today, <\/strong>after completing a mandatory tender offer that saw the sale of 652.8 mn shares at EGP 4.7 per share, the EGX announced in a bulletin<\/a> today. The MTO was reportedly 1.1x oversubscribed when it closed<\/a>last Thursday, with shareholders agreeing to sell some 720.8 mn shares. Banque Misr, which already held a 24.7% stake in CI Capital before the transaction, now owns 90% of the company, with the remaining 100 mn shares remaining in freefloat on the EGX. CI Capital\u2019s shares stayed flat during trading today, closing at EGP 4.29 per share.<\/p>\n

Banque Misr<\/strong> had announced it was <\/strong>targeting a stake<\/a><\/strong> in CI Capital early last month, <\/strong>and launched its MTO<\/a> days later. CI Capital had originally rejected<\/a> Banque Misr\u2019s offer price, saying it undervalued the company<\/a> by around 20%, following which Banque Misr said it had no plans to hike its offer<\/a>.<\/p>\n

The acquisition is the latest in a trend of state-owned banks buying out private investment banks.<\/strong>The acquisition of Pharos by NBE\u2019s Ahly Capital<\/a> in late 2019 in an EGP 120 mn transaction kicked off the M&A spate, and was followed by the and of Bank Audi\u2019s Arabeya Online brokerage by NI Capital<\/a> in late 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"

Banque Misr\u2019s EGP 3.06 bn acquisition of 65% of CI Capital went through today, after completing a mandatory tender offer that saw the sale of 652.8 mn shares at EGP 4.7 per share, the EGX announced in a bulletin today. The MTO was reportedly 1.1x oversubscribed when it closedlast Thursday, with shareholders agreeing to sell […]<\/p>\n","protected":false},"author":1,"featured_media":565066,"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":[576,136,633,7128],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-565065","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round-ma-watch","tag-banque-misr","tag-ci-capital","tag-enterprisepm","tag-ma-watch","wpautop","entry"],"acf":{"mongo_id":"9a70b224-fa29-4d0c-b29b-3f5cc195752d","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/3\/484.jpg","photo_position":"above","related_issue":[565061],"teaser":"","voice_url":""},"yoast_head":"\nBanque Misr officially holds 90% of CI Capital - 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\/16\/banque-misr-officially-holds-90-of-ci-capital\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque Misr officially holds 90% of CI Capital\" \/>\n<meta property=\"og:description\" content=\"Banque Misr\u2019s EGP 3.06 bn acquisition of 65% of CI Capital went through today, after completing a mandatory tender offer that saw the sale of 652.8 mn shares at EGP 4.7 per share, the EGX announced in a bulletin today. The MTO was reportedly 1.1x oversubscribed when it closedlast Thursday, with shareholders agreeing to sell […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-16T13:41:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/484.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\/16\/banque-misr-officially-holds-90-of-ci-capital\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Banque Misr officially holds 90% of CI Capital\",\"datePublished\":\"2021-03-16T13:41:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/\"},\"wordCount\":212,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/484.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Banque Misr\",\"CI Capital\",\"EnterprisePM\",\"M&A Watch\"],\"articleSection\":[\"SPEED ROUND: M&A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/\",\"name\":\"Banque Misr officially holds 90% of CI Capital - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/484.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2021-03-16T13:41:05+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/484.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/484.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Banque Misr officially holds 90% of CI Capital\"}]},{\"@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":"Banque Misr officially holds 90% of CI Capital - 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\/16\/banque-misr-officially-holds-90-of-ci-capital\/","og_locale":"en_US","og_type":"article","og_title":"Banque Misr officially holds 90% of CI Capital","og_description":"Banque Misr\u2019s EGP 3.06 bn acquisition of 65% of CI Capital went through today, after completing a mandatory tender offer that saw the sale of 652.8 mn shares at EGP 4.7 per share, the EGX announced in a bulletin today. The MTO was reportedly 1.1x oversubscribed when it closedlast Thursday, with shareholders agreeing to sell […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-03-16T13:41:05+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/484.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\/16\/banque-misr-officially-holds-90-of-ci-capital\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Banque Misr officially holds 90% of CI Capital","datePublished":"2021-03-16T13:41:05+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/"},"wordCount":212,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/484.jpg?fit=%2C&ssl=1","keywords":["Banque Misr","CI Capital","EnterprisePM","M&A Watch"],"articleSection":["SPEED ROUND: M&A WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/","name":"Banque Misr officially holds 90% of CI Capital - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/484.jpg?fit=%2C&ssl=1","datePublished":"2021-03-16T13:41:05+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/484.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/484.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/banque-misr-officially-holds-90-of-ci-capital\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Banque Misr officially holds 90% of CI Capital"}]},{"@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\/484.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/484.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\/484.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":560793,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/14\/banque-misr-will-take-90-of-ci-capital-firm-to-remain-egx-listed\/","url_meta":{"origin":565065,"position":0},"title":"Banque Misr will take 90% of CI Capital, firm to remain EGX-listed","author":"enterpriseam admin","date":"14 March 2021","format":false,"excerpt":"Banque Misr will get the 90% stake in CI Capital it sought after a majority of the company\u2019s shareholders agreed to sell their shares for the EGP 4.70 offer lodged by the state-owned bank earlier last month, CI said in a disclosure to the EGX (pdf) on Thursday.Shareholders queued up\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":[]},{"id":564509,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/10\/banque-misr-launches-mto-to-snap-up-nearly-all-of-ci-capital\/","url_meta":{"origin":565065,"position":1},"title":"Banque Misr launches MTO to snap up nearly all of CI Capital","author":"enterpriseam admin","date":"10 February 2021","format":false,"excerpt":"CI Capital could soon be almost fully owned by Banque Misr: The state-owned bank filed a mandatory tender offer yesterday as it looks to raise its stake to up to 90% from the 24.7% it holds today. The MTO, which targets 653 mn shares at EGP 4.70 apiece (a small\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573678,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/13\/banque-misr-raises-its-stake-in-ci-capital-to-15-12\/","url_meta":{"origin":565065,"position":2},"title":"Banque Misr raises its stake in CI Capital to 15.12%","author":"enterpriseam admin","date":"13 August 2020","format":false,"excerpt":"M&A WATCH- Banque Misr has increased its stake in CI Capital Holding to 15.12% from 13.72%, according to a disclosure to the EGX (pdf). The state-owned bank purchased some 14 mn shares for EGP 58.11 mn at EGP 4.14 per share. Banque Misr is the largest shareholder in the financial\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":560651,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/08\/ci-capital-rejects-banque-misrs-offer-price\/","url_meta":{"origin":565065,"position":3},"title":"CI Capital rejects Banque Misr\u2019s offer price","author":"enterpriseam admin","date":"8 March 2021","format":false,"excerpt":"CI Capital has rejected an offer by Banque Misr to acquire a 90% stake in the company. The state-owned bank last month made the offer at EGP 4.70 per share, valuing the company at some EGP 4.7 bn, but in a disclosure (pdf) submitted to the EGX yesterday, CI\u2019s board\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\/3\/124.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":564932,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/08\/banque-misr-wont-hike-its-offer-price-for-ci-capital\/","url_meta":{"origin":565065,"position":4},"title":"Banque Misr won\u2019t hike its offer price for CI Capital","author":"enterpriseam admin","date":"8 March 2021","format":false,"excerpt":"Banque Misr says it has no plans to hike the price it\u2019s willing to pay to raise its stake in CI Capital to 90%, a source close to the transaction told us, confirming reports made earlier this morning on Al Mal. The story follows a statement by CI Capital saying\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":550818,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/28\/earnings-watch-abu-qir-fertilizers-juhayna-banque-misr-purchases-42-8-of-banque-du-caire-ci-capital-to-distribute-dividends\/","url_meta":{"origin":565065,"position":5},"title":"Earnings watch: Abu Qir Fertilizers, Juhayna + Banque Misr purchases 42.8% of Banque du Caire + CI Capital to distribute dividends","author":"enterpriseam admin","date":"28 April 2022","format":false,"excerpt":"EARNINGS WATCH-Abu Qir Fertilizers\u2019 bottom line rose 185% y-o-y in 9M 2021-2022 to EGP 6.96 bn, the company said in an EGX disclosure (pdf). This comes on the back of a 91% y-o-y increase in revenues to EGP 12.04 bn.Juhayna\u2019s bottom line rose 23% y-o-y in 2021 to EGP 526.39\u2026","rel":"","context":"In "GO WITH THE FLOW"","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"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\/565065","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=565065"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/565065\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/565061"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/565066"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=565065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=565065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=565065"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=565065"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=565065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}