{"id":569070,"date":"2020-02-12T04:36:10","date_gmt":"2020-02-12T04:36:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/raya-receives-a-bid-for-31-stake-in-its-transport-arm\/"},"modified":"2020-02-12T04:36:10","modified_gmt":"2020-02-12T04:36:10","slug":"raya-receives-a-bid-for-31-stake-in-its-transport-arm","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/raya-receives-a-bid-for-31-stake-in-its-transport-arm\/","title":{"rendered":"Raya receives a bid for 31% stake in its transport arm"},"content":{"rendered":"

M&A WATCH- Raya receives a bid for 31% stake in its transport arm:<\/strong> Raya Holding has received a EGP 133 mn non-binding offer from British Virgin Islands-based Paradigm Logistics to acquire a 31% stake of its Ostool Shipping Company<\/a>, according to a regulatory filing (pdf)<\/a>. Raya currently holds a 62.3% stake in Ostool, which was founded in 2010 by Raya Corp and Qalaa Holdings and provides a range of transportation and logistics services. The company\u2019s board of directors will meet today to review the offer.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- Raya receives a bid for 31% stake in its transport arm: Raya Holding has received a EGP 133 mn non-binding offer from British Virgin Islands-based Paradigm Logistics to acquire a 31% stake of its Ostool Shipping Company, according to a regulatory filing (pdf). Raya currently holds a 62.3% stake in Ostool, which was […]<\/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":[8572],"tags":[616,72,7128,4577,248,1985,476,614,2380,7096],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-569070","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-aman-financial-services","tag-enterpriseam","tag-ma-watch","tag-minority","tag-national-bank-of-egypt","tag-ostool","tag-paradigm-logistics","tag-raya-holding","tag-speed-round","tag-stake","wpautop","entry"],"acf":{"mongo_id":"4995567d-91ed-45da-8a9c-a1811f10d7c9","is_powered_by":true,"section_story_id":"be869e27-b84e-46b9-83a1-d2e27bd01784","story_type":"1","photo_url":"","photo_position":"above","related_issue":[569058],"teaser":"","voice_url":""},"yoast_head":"\nRaya receives a bid for 31% stake in its transport arm - 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\/2020\/02\/12\/raya-receives-a-bid-for-31-stake-in-its-transport-arm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raya receives a bid for 31% stake in its transport arm\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- Raya receives a bid for 31% stake in its transport arm: Raya Holding has received a EGP 133 mn non-binding offer from British Virgin Islands-based Paradigm Logistics to acquire a 31% stake of its Ostool Shipping Company, according to a regulatory filing (pdf). Raya currently holds a 62.3% stake in Ostool, which was […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/raya-receives-a-bid-for-31-stake-in-its-transport-arm\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-12T04:36:10+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\/2020\/02\/12\/raya-receives-a-bid-for-31-stake-in-its-transport-arm\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/raya-receives-a-bid-for-31-stake-in-its-transport-arm\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Raya receives a bid for 31% stake in its transport arm\",\"datePublished\":\"2020-02-12T04:36:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/raya-receives-a-bid-for-31-stake-in-its-transport-arm\/\"},\"wordCount\":92,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Aman Financial Services\",\"EnterpriseAM\",\"M&A Watch\",\"minority\",\"National Bank of Egypt\",\"Ostool\",\"Paradigm Logistics\",\"Raya Holding\",\"SPEED ROUND\",\"stake\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/raya-receives-a-bid-for-31-stake-in-its-transport-arm\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/raya-receives-a-bid-for-31-stake-in-its-transport-arm\/\",\"name\":\"Raya receives a bid for 31% stake in its transport arm - 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