{"id":591939,"date":"2019-12-22T04:24:34","date_gmt":"2019-12-22T04:24:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/22\/al-taisier-group-acquires-75-stake-in-hassab-laboratories\/"},"modified":"2019-12-22T04:24:34","modified_gmt":"2019-12-22T04:24:34","slug":"al-taisier-group-acquires-75-stake-in-hassab-laboratories","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/22\/al-taisier-group-acquires-75-stake-in-hassab-laboratories\/","title":{"rendered":"Al Taisier Group acquires 75% stake in Hassab Laboratories"},"content":{"rendered":"<p><strong>M&A WATCH- Al Taisier Group acquires 75% stake in Hassab Laboratories for <\/strong><strong>EGP 50 mn:<\/strong><strong><a href=\"http:\/\/www.taisiermed.com\/Default.aspx?ID=32\"><\/a><\/strong><a href=\"http:\/\/www.taisiermed.com\/Default.aspx?ID=32\">Al Taisier Medical Holding Group<\/a>, owner of Al Taisier International Hospitals, acquired a controlling stake of more than 75% in<a href=\"https:\/\/hassab.com\/site\/index2.php\">Hassab Laboratories<\/a> in a EGP 50 mn transaction, <a href=\"https:\/\/bit.ly\/2Ze7cNg\">according to Al Mal<\/a>. The remaining stake is held by the founder of Hassab Laboratories, Amina Hassab, who will stay in her position as the laboratories chairman, unnamed sources told the newspaper.<\/p>\n<p><strong>The move comes as part of Al Taisier group\u2019s plan to expand to expand in North Cairo<\/strong>, from its current locations in Mansoura, Sharqiya and the Suez Canal area, the sources added. Hassab Laboratories had also announced earlier that it aims to acquire two medium-size laboratories as well as launch several branches in Upper Egypt and Delta.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- Al Taisier Group acquires 75% stake in Hassab Laboratories for EGP 50 mn:Al Taisier Medical Holding Group, owner of Al Taisier International Hospitals, acquired a controlling stake of more than 75% inHassab Laboratories in a EGP 50 mn transaction, according to Al Mal. The remaining stake is held by the founder of Hassab [&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":[10979,72,10978,7115,2380,7096],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-591939","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-al-taisier-group","tag-enterpriseam","tag-hassab-laboratories","tag-healthcare","tag-speed-round","tag-stake","wpautop","entry"],"acf":{"mongo_id":"91ee09d8-5426-4f8b-9e35-7263c23e4766","is_powered_by":true,"section_story_id":"cdb7c5b2-1d55-49db-aeba-590fe3d24408","story_type":"1","photo_url":"","photo_position":"above","related_issue":[591920],"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>Al Taisier Group acquires 75% stake in Hassab Laboratories - 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\/2019\/12\/22\/al-taisier-group-acquires-75-stake-in-hassab-laboratories\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Al Taisier Group acquires 75% stake in Hassab Laboratories\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- Al Taisier Group acquires 75% stake in Hassab Laboratories for EGP 50 mn:Al Taisier Medical Holding Group, owner of Al Taisier International Hospitals, acquired a controlling stake of more than 75% inHassab Laboratories in a EGP 50 mn transaction, according to Al Mal. The remaining stake is held by the founder of Hassab [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/22\/al-taisier-group-acquires-75-stake-in-hassab-laboratories\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-22T04:24:34+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\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\/2019\/12\/22\/al-taisier-group-acquires-75-stake-in-hassab-laboratories\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/22\/al-taisier-group-acquires-75-stake-in-hassab-laboratories\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Al Taisier Group acquires 75% stake in Hassab Laboratories\",\"datePublished\":\"2019-12-22T04:24:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/22\/al-taisier-group-acquires-75-stake-in-hassab-laboratories\/\"},\"wordCount\":137,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Al Taisier Group\",\"EnterpriseAM\",\"Hassab Laboratories\",\"healthcare\",\"SPEED ROUND\",\"stake\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/22\/al-taisier-group-acquires-75-stake-in-hassab-laboratories\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/22\/al-taisier-group-acquires-75-stake-in-hassab-laboratories\/\",\"name\":\"Al Taisier Group acquires 75% stake in Hassab Laboratories - 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The private equity outfit is still carrying out due diligence and has not yet come to an agreement on the stake size\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":574588,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/ezdehar-egypt-mid-cap-fund-acquires-minority-stake-in-al-tayseer-healthcare-group\/","url_meta":{"origin":591939,"position":1},"title":"Ezdehar Egypt Mid-Cap Fund acquires minority stake in Al Tayseer Healthcare Group","author":"enterpriseam admin","date":"15 September 2020","format":false,"excerpt":"M&A WATCH- Ezdehar Egypt Mid-Cap Fund has acquired a minority stake in AlTayseer Healthcare Group, according to an Ezdehar statement (pdf). The statement does not disclose the exact size of the stake or the value of the acquisition. Al Tayseer\u00a0 \u2014 which the Egypt-focused PE outfit began eyeing up earlier\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":567139,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/14\/al-taisier-medical-holding-group-plans-egp-700-mn-expansion-drive\/","url_meta":{"origin":591939,"position":2},"title":"Al Taisier Medical Holding Group plans EGP 700 mn expansion drive","author":"enterpriseam admin","date":"14 January 2020","format":false,"excerpt":"INVESTMENT WATCH- Al Taisier Medical Holding Group plans EGP 700 mn expansion drive, which include a majority acquisition of an unnamed hospital in northern Egypt, Vice Chairman Mohamed Jazar tells Al Mal. The company will also invest EGP 200 mn to set up an extension to their Zagazig Hospital. Jazar\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":574991,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/29\/al-tayseer-healthcare-group-eyes-full-ownership-of-mansoura-medical-center\/","url_meta":{"origin":591939,"position":3},"title":"Al Tayseer Healthcare Group eyes full ownership of Mansoura Medical Center","author":"enterpriseam admin","date":"29 September 2020","format":false,"excerpt":"M&A WATCH- Al Tayseer Healthcare Group is seeking full ownership of Mansoura Medical Center, in which it currently holds a 20% stake, Al Mal reports, citing unnamed sources. 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