{"id":573430,"date":"2020-08-05T04:02:21","date_gmt":"2020-08-05T04:02:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/05\/b-investments-to-offload-20-of-its-stake-in-total-egypt\/"},"modified":"2020-08-05T04:02:21","modified_gmt":"2020-08-05T04:02:21","slug":"b-investments-to-offload-20-of-its-stake-in-total-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/05\/b-investments-to-offload-20-of-its-stake-in-total-egypt\/","title":{"rendered":"B Investments to offload 20% of its stake in Total Egypt"},"content":{"rendered":"

<\/a> M<\/strong>&A WATCH- B Investments to offload a fifth of its holdings in Total Egypt:<\/strong> B Investments has entered talks with Total Egypt to sell 20% of its holdings in the company, it announced in a statement (pdf)<\/a> to the EGX. The private equity outfit currently holds a 7.97% stake in the energy giant\u2019s Egypt downstream arm<\/a>, which operates more than 230 service stations, is a player in the aviation fuels market, and which owns tank farms and blending facilities. The company also operates Bonjour-branded convenience stores in Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- B Investments to offload a fifth of its holdings in Total Egypt: B Investments has entered talks with Total Egypt to sell 20% of its holdings in the company, it announced in a statement (pdf) to the EGX. The private equity outfit currently holds a 7.97% stake in the energy giant\u2019s Egypt downstream […]<\/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":[140,93,72,758,2380,4310,1990],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-573430","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-b-investments","tag-energy","tag-enterpriseam","tag-private-equity","tag-speed-round","tag-total-egypt","tag-totalenergies","wpautop","entry"],"acf":{"mongo_id":"74b1d133-61d1-4623-9e9d-2364228e0b33","is_powered_by":true,"section_story_id":"435a8847-1d64-41a4-90c0-dacc5d503875","story_type":"1","photo_url":"","photo_position":"above","related_issue":[573420],"teaser":"","voice_url":""},"yoast_head":"\nB Investments to offload 20% of its stake in Total Egypt - 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\/05\/b-investments-to-offload-20-of-its-stake-in-total-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"B Investments to offload 20% of its stake in Total Egypt\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- B Investments to offload a fifth of its holdings in Total Egypt: B Investments has entered talks with Total Egypt to sell 20% of its holdings in the company, it announced in a statement (pdf) to the EGX. The private equity outfit currently holds a 7.97% stake in the energy giant\u2019s Egypt downstream […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/05\/b-investments-to-offload-20-of-its-stake-in-total-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-05T04:02:21+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\/2020\/08\/05\/b-investments-to-offload-20-of-its-stake-in-total-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/05\/b-investments-to-offload-20-of-its-stake-in-total-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"B Investments to offload 20% of its stake in Total Egypt\",\"datePublished\":\"2020-08-05T04:02:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/05\/b-investments-to-offload-20-of-its-stake-in-total-egypt\/\"},\"wordCount\":97,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"B Investments\",\"energy\",\"EnterpriseAM\",\"private equity\",\"SPEED ROUND\",\"Total Egypt\",\"TotalEnergies\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/05\/b-investments-to-offload-20-of-its-stake-in-total-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/05\/b-investments-to-offload-20-of-its-stake-in-total-egypt\/\",\"name\":\"B Investments to offload 20% of its stake in Total Egypt - 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B Investments denied it has reached an agreement to sell 20% of its stake in Total Egypt after local press reports yesterday claimed it had agreed to sell the shares for EGP 146.4 mn. 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