{"id":575076,"date":"2020-10-01T04:00:16","date_gmt":"2020-10-01T04:00:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/"},"modified":"2020-10-01T04:00:16","modified_gmt":"2020-10-01T04:00:16","slug":"ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/","title":{"rendered":"Ebtikar receives offers for stakes in e-payments firms Bee, Masary"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>M&A WATCH- Foreign, local investors eye stakes in fintech players Bee, Masary:<\/strong> Non-banking financial services outfit <a href=\"https:\/\/www.ebtikarfinancial.com\/\">Ebtikar<\/a> has received \u201cseveral\u201d offers from unnamed local and foreign investors for stakes in two of its subsidiaries, <a href=\"https:\/\/bee.com.eg\/en\/\">Bee<\/a> smart payment solutions and <a href=\"https:\/\/www.e-masary.com\/\">Masary<\/a> smart payment services, the <a href=\"https:\/\/www.alborsaanews.com\/2020\/09\/30\/1387173\">local press<\/a> reported, citing sources with knowledge of the matter. The sources did not provide further information on the offers. Ebtikar is a joint venture between B investments, BPE Partners and MM Group for Industry and International Trade, and is<a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/da0770e7-c013-42e2-808c-1fba56e50e7f\">expected to IPO<\/a> in 1Q2021. The company has tapped <strong>EFG Hermes<\/strong> as financial advisor on the transactions.<\/p>\n<p><strong>Background:<\/strong> Earlier this year, MM Group said that Bee and Masary <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fd8d2e62-55e6-4a4f-9c37-24c0fc94fc73\">would be merged<\/a>and brought under the fold of an unnamed e-payments company, though no further details were given. Ebtikar acquired a <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/26\/ebtikar-acquires-33-7-stake-in-masary\/\">33% stake in Masary in 2018<\/a> and continued to <a href=\"https:\/\/enterprise.press\/stories\/2019\/11\/14\/ebtikar-ups-stake-in-masary-for-fifth-time-since-july-6304\/\">up its stake<\/a> through 2019. Ebtikar now holds 72% of the company, with the remainder held by Bahrain\u2019s Sadad. The company also <a href=\"https:\/\/enterprise.press\/stories\/2017\/10\/04\/mti-acquires-60-of-bee\/\">acquired a 60% stake in Bee<\/a> in October 2017, with the remaining 40% held by two other investors.<\/p>\n<p><strong>In related news:<\/strong> Ebtikar and B Investments-owned financial services provider <a href=\"https:\/\/tamweeleg.com\/who-we-are\/#about-the-group\">Tamweel Holding<\/a>is planning to launch a new securitization arm in 4Q2020, Managing Director Mohamed El Kahki told <a href=\"https:\/\/bit.ly\/30mpbTt\">Al Mal<\/a>. The company is looking to issue some EGP 500 mn in securitized bonds backed by some of its real estate portfolio and will soon submit its licensing request to the Financial Regulatory Authority, El Kahki added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- Foreign, local investors eye stakes in fintech players Bee, Masary: Non-banking financial services outfit Ebtikar has received \u201cseveral\u201d offers from unnamed local and foreign investors for stakes in two of its subsidiaries, Bee smart payment solutions and Masary smart payment services, the local press reported, citing sources with knowledge of the matter. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":575077,"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":[139,82,2515,102,7106,138,72,7128,1759,1851,85,2380,10399],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-bee-smart-payment-solutions","tag-bonds","tag-bpe-partners","tag-capital-markets","tag-debt","tag-ebtikar","tag-enterpriseam","tag-ma-watch","tag-masary","tag-mm-group","tag-securitization","tag-speed-round","tag-tamweel","wpautop","entry"],"acf":{"mongo_id":"68c54b04-7cfd-4fbe-86cd-cb2a964abc85","is_powered_by":true,"section_story_id":"e1902cf1-dcf6-45d3-a65f-02ee50aa1ea2","story_type":"1","photo_url":"https:\/\/ent.news\/2020\/10\/18.jpg","photo_position":"above","related_issue":[575069],"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>Ebtikar receives offers for stakes in e-payments firms Bee, Masary - 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\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ebtikar receives offers for stakes in e-payments firms Bee, Masary\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- Foreign, local investors eye stakes in fintech players Bee, Masary: Non-banking financial services outfit Ebtikar has received \u201cseveral\u201d offers from unnamed local and foreign investors for stakes in two of its subsidiaries, Bee smart payment solutions and Masary smart payment services, the local press reported, citing sources with knowledge of the matter. The [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-01T04:00:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/18.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\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Ebtikar receives offers for stakes in e-payments firms Bee, Masary\",\"datePublished\":\"2020-10-01T04:00:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/\"},\"wordCount\":250,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/18.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Bee Smart Payment Solutions\",\"Bonds\",\"BPE Partners\",\"capital markets\",\"debt\",\"Ebtikar\",\"EnterpriseAM\",\"M&amp;A Watch\",\"Masary\",\"MM Group\",\"securitization\",\"SPEED ROUND\",\"Tamweel\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/\",\"name\":\"Ebtikar receives offers for stakes in e-payments firms Bee, Masary - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/18.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2020-10-01T04:00:16+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/18.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/18.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ebtikar receives offers for stakes in e-payments firms Bee, Masary\"}]},{\"@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":"Ebtikar receives offers for stakes in e-payments firms Bee, Masary - 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\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/","og_locale":"en_US","og_type":"article","og_title":"Ebtikar receives offers for stakes in e-payments firms Bee, Masary","og_description":"M&A WATCH- Foreign, local investors eye stakes in fintech players Bee, Masary: Non-banking financial services outfit Ebtikar has received \u201cseveral\u201d offers from unnamed local and foreign investors for stakes in two of its subsidiaries, Bee smart payment solutions and Masary smart payment services, the local press reported, citing sources with knowledge of the matter. The [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-10-01T04:00:16+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/18.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\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Ebtikar receives offers for stakes in e-payments firms Bee, Masary","datePublished":"2020-10-01T04:00:16+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/"},"wordCount":250,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/18.jpg?fit=%2C&ssl=1","keywords":["Bee Smart Payment Solutions","Bonds","BPE Partners","capital markets","debt","Ebtikar","EnterpriseAM","M&amp;A Watch","Masary","MM Group","securitization","SPEED ROUND","Tamweel"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/","name":"Ebtikar receives offers for stakes in e-payments firms Bee, Masary - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/18.jpg?fit=%2C&ssl=1","datePublished":"2020-10-01T04:00:16+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/18.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/18.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/ebtikar-receives-offers-for-stakes-in-e-payments-firms-bee-masary\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Ebtikar receives offers for stakes in e-payments firms Bee, Masary"}]},{"@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\/2020\/10\/18.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/18.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\/2020\/10\/18.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":628133,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/26\/ebtikar-acquires-33-7-stake-in-masary\/","url_meta":{"origin":575076,"position":0},"title":"Ebtikar acquires 33.7% stake in Masary","author":"enterpriseam admin","date":"26 June 2018","format":false,"excerpt":"M&A WATCH- Ebtikar acquires 33.7% stake in payments outfit Masary: Ebtikar for Financial Investment, a joint venture between B Investments and MM Group, acquired a 33.7% stake in e-payments firm Masary in a transaction worth EGP 130 mn, Ebtikar said in a statement on Monday (pdf). The transaction on Masary,\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":560344,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/24\/vodafone-to-acquire-20-in-fintech-players-bee-and-masary\/","url_meta":{"origin":575076,"position":1},"title":"Vodafone to acquire 20% in fintech players Bee and Masary","author":"enterpriseam admin","date":"24 February 2021","format":false,"excerpt":"Vodafone Egypt is set to acquire a 20% stake in each of Bee and Masary \u2014 both subsidiaries of non-banking financial services provider Ebtikar \u2014 under the terms of an MoU between Ebtikar and Vodafone, Hapi Journal reports. Vodafone will acquire the stakes through a capital increase. The acquisition comes\u2026","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\/2021\/2\/347.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":560972,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/21\/ebtikar-now-holds-80-of-bee-rx-healthcare-has-a-egp-1-bn-ma-pipeline\/","url_meta":{"origin":575076,"position":2},"title":"Ebtikar now holds 80% of Bee + Rx Healthcare has a EGP 1 bn M&#038;A pipeline","author":"enterpriseam admin","date":"21 March 2021","format":false,"excerpt":"Ebtikar now holds 80% of Bee after acquiring an additional 20% stake in the company held by software services company Techno Beez. The EGP 40 mn transaction officially closed yesterday, Al Mal reports, citing unnamed sources. Ebtikar, which already held a 60% stake in Bee before the transaction, is now\u2026","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":564041,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/vodafone-egypt-wraps-up-due-diligence-on-bee-masary\/","url_meta":{"origin":575076,"position":3},"title":"Vodafone Egypt wraps up due diligence on Bee, Masary","author":"enterpriseam admin","date":"4 August 2021","format":false,"excerpt":"Vodafone Egypt completes due diligence on Bee + Masary: Vodafone Egypt has wrapped up its due diligence on e-payments platforms Bee and Masary, subsidiaries of non-banking financial services (NBFS) player Ebtikar, an unnamed source at Ebtikar told Enterprise this morning, confirming earlier reports in the local press. The telecoms giant\u2026","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\/2021\/8\/362.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546009,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/20\/vodafone-egypt-acquires-10-stake-in-bee-and-masary-setting-the-record-straight-on-an-arco-ashry-steel-tieup\/","url_meta":{"origin":575076,"position":4},"title":"Vodafone Egypt acquires 10% stake in Bee and Masary + setting the record straight on an Arco-Ashry Steel tieup","author":"enterpriseam admin","date":"20 April 2022","format":false,"excerpt":"Vodafone Egypt makes first stake buys in Bee + Masary: Vodafone Egypt has acquired 10% stakes in e-payment platforms Bee and Masary, subsidiaries of non-banking financial services (NBFS) provider Ebtikar, according to a disclosure (pdf) filed to the EGX yesterday by Ebtikar parent company B Investments. The telecoms giant \u2014\u2026","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\/2022\/4\/338.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593666,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/07\/ebtikar-acquires-additional-4-8-stake-in-egyptian-e-payments-firm-masary\/","url_meta":{"origin":575076,"position":5},"title":"Ebtikar acquires additional 4.8% stake in Egyptian e-payments firm Masary","author":"enterpriseam admin","date":"7 October 2019","format":false,"excerpt":"M&A WATCH- Ebtikar acquires additional 4.8% stake in Masary: Ebtikar for Financial Investment, a joint venture between BPE Partners and MM Group, has reportedly acquired an additional 4.8% stake in e-payments firm Masary, unnamed sources from Ebtikar told the local press. The sources did not disclose the value of the\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\/575076","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=575076"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/575076\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/575069"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/575077"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=575076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=575076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=575076"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=575076"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=575076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}