{"id":573386,"date":"2020-08-04T04:02:35","date_gmt":"2020-08-04T04:02:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/04\/dpi-adwia-end-acquisition-talks-after-failing-to-agree-valuation\/"},"modified":"2020-08-04T04:02:35","modified_gmt":"2020-08-04T04:02:35","slug":"dpi-adwia-end-acquisition-talks-after-failing-to-agree-valuation","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/04\/dpi-adwia-end-acquisition-talks-after-failing-to-agree-valuation\/","title":{"rendered":"DPI, Adwia end acquisition talks after failing to agree valuation"},"content":{"rendered":"<p><strong>M&A WATCH- DPI, Adwia end acquisition talks after failing to agree valuation: <\/strong>Acquisition talks between UK Africa-focused private equity firm <a href=\"https:\/\/www.dpi-llp.com\/\">Development Partners International<\/a> (DPI) and pharma manufacturer <a href=\"https:\/\/www.facebook.com\/ADWIA.Pharmaceuticals\/\">Adwia<\/a> have broken down after the two sides failed to agree on a valuation, Adwia Chairman Hossam Taher told <a href=\"https:\/\/bit.ly\/30hWzuT\">Al Mal<\/a>. Adwia rejected DPI\u2019s USD 150 mn valuation on the basis that pharma manufacturers have seen strong growth during the covid-19 pandemic, and opted to cancel negotiations, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- DPI, Adwia end acquisition talks after failing to agree valuation: Acquisition talks between UK Africa-focused private equity firm Development Partners International (DPI) and pharma manufacturer Adwia have broken down after the two sides failed to agree on a valuation, Adwia Chairman Hossam Taher told Al Mal. Adwia rejected DPI\u2019s USD 150 mn valuation [&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":[8572],"tags":[851,3286,72,7128,131,427,758,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-573386","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-adwia","tag-dpi","tag-enterpriseam","tag-ma-watch","tag-manufacturing","tag-pharma","tag-private-equity","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"d57f2976-4a41-46c5-b3ba-b4098e00fb95","is_powered_by":true,"section_story_id":"a4e2c7a0-1545-4c76-8450-24cb3289251b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[573373],"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>DPI, Adwia end acquisition talks after failing to agree valuation - 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\/08\/04\/dpi-adwia-end-acquisition-talks-after-failing-to-agree-valuation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DPI, Adwia end acquisition talks after failing to agree valuation\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- DPI, Adwia end acquisition talks after failing to agree valuation: Acquisition talks between UK Africa-focused private equity firm Development Partners International (DPI) and pharma manufacturer Adwia have broken down after the two sides failed to agree on a valuation, Adwia Chairman Hossam Taher told Al Mal. Adwia rejected DPI\u2019s USD 150 mn valuation [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/04\/dpi-adwia-end-acquisition-talks-after-failing-to-agree-valuation\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-04T04:02:35+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\/08\/04\/dpi-adwia-end-acquisition-talks-after-failing-to-agree-valuation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/04\/dpi-adwia-end-acquisition-talks-after-failing-to-agree-valuation\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"DPI, Adwia end acquisition talks after failing to agree valuation\",\"datePublished\":\"2020-08-04T04:02:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/04\/dpi-adwia-end-acquisition-talks-after-failing-to-agree-valuation\/\"},\"wordCount\":87,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Adwia\",\"DPI\",\"EnterpriseAM\",\"M&amp;A Watch\",\"Manufacturing\",\"pharma\",\"private equity\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/04\/dpi-adwia-end-acquisition-talks-after-failing-to-agree-valuation\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/04\/dpi-adwia-end-acquisition-talks-after-failing-to-agree-valuation\/\",\"name\":\"DPI, Adwia end acquisition talks after failing to agree valuation - 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Adwia is\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":574872,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/ebrd-cdc-also-in-the-running-to-acquire-egypts-adwia\/","url_meta":{"origin":573386,"position":1},"title":"EBRD, CDC also in the running to acquire Egypt\u2019s Adwia?","author":"enterpriseam admin","date":"24 September 2020","format":false,"excerpt":"M&A WATCH- EBRD, CDC also in the running to acquire Egypt\u2019s Adwia? Pharma manufacturer Adwia is still up for grabs, as the European Bank for Reconstruction and Development (EBRD) and the UK development finance institution CDC have reportedly expressed interest in taking a stake, reportsAl Mal. An EBRD representative declined\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":617666,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/26\/abu-dhabi-wealth-fund-mubadala-acquires-100-of-adwia-parent-company-kelix-bio\/","url_meta":{"origin":573386,"position":2},"title":"Abu Dhabi wealth fund Mubadala acquires 100% of Adwia parent company Kelix Bio","author":"enterpriseam admin","date":"26 March 2024","format":false,"excerpt":"DPI, BII, and EBRD offloaded all of their shares in the company to Mubadala","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\/2024\/2\/2193.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":576097,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/10\/ebrd-cdc-consortium-acquire-99-6-of-egypts-adwia-pharma\/","url_meta":{"origin":573386,"position":3},"title":"EBRD, CDC consortium acquire 99.6% of Egypt\u2019s Adwia pharma","author":"enterpriseam admin","date":"10 November 2020","format":false,"excerpt":"M&A WATCH- EBRD-CDC consortium acquires 99.6% of Adwia Pharma: A consortium of the European Bank for Reconstruction and Development, the UK\u2019s Commonwealth Development Corporation, and an unnamed UK fund have acquired a 99.6% of pharma company Adwia, Al Mal reports, citing sources with knowledge of the sale. The USD 126\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":576245,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/17\/ebrd-cdc-dpi-consortium-create-usd-250-mn-pharma-investment-platform-for-egypt\/","url_meta":{"origin":573386,"position":4},"title":"EBRD, CDC, DPI consortium create USD 250 mn pharma investment platform for Egypt","author":"enterpriseam admin","date":"17 November 2020","format":false,"excerpt":"INVESTMENT WATCH- Alphabet soup of global investors building USD 250 mn pharma investment platform for Egypt: The European Bank for Reconstruction and Development (EBRD) along with the UK\u2019s Commonwealth Development Corporation (CDC) Group and UK-based Africa-focused Development Partners International (DPI) have created a joint investment platform focusing on 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":576288,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/18\/ebrd-dpi-cdc-to-raise-additional-usd-500-mn-for-future-africa-investments-of-new-pharma-platform\/","url_meta":{"origin":573386,"position":5},"title":"EBRD, DPI, CDC to raise additional USD 500 mn for future Africa investments of new pharma platform","author":"enterpriseam admin","date":"18 November 2020","format":false,"excerpt":"INVESTMENT WATCH- EBRD, CDC, DPI consortium to raise additional USD 500 mn for pan-African investments: The European Bank for Reconstruction and Development (EBRD), CDC Group, and Development Partners International (DPI) will raise an additional USD 500 mn to invest in the pharma industry across Africa through their new shared investment\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/573386","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=573386"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/573386\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/573373"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=573386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=573386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=573386"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=573386"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=573386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}