{"id":592780,"date":"2019-11-06T04:00:59","date_gmt":"2019-11-06T04:00:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/egypts-cleopatra-group-finalizes-el-katib-hospital-acquisition\/"},"modified":"2019-11-06T04:00:59","modified_gmt":"2019-11-06T04:00:59","slug":"egypts-cleopatra-group-finalizes-el-katib-hospital-acquisition","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/egypts-cleopatra-group-finalizes-el-katib-hospital-acquisition\/","title":{"rendered":"Egypt\u2019s Cleopatra Group finalizes El Katib Hospital acquisition"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <b>M&A WATCH- Cleopatra finalizes El Katib Hospital acquisition:<\/b> Cleopatra Hospitals Group (CHG) has finalized its full acquisition of El Katib Hospital in Dokki after signing the business transfer agreement, according to <a href=\"https:\/\/ent.news\/2019\/11\/2584.pdf\">a company statement (pdf)<\/a>. CHG will take over El Katib Hospital\u2019s daily operations as of today, and had already acquired the hospital\u2019s real estate assets in December 2018. The acquisition has added 100 beds to CHG\u2019s in-patient capacity, the company said in its <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/19\/cleopatra-completes-acquisition-of-el-katib-moves-ahead-with-queens\/\">annual report earlier this year<\/a>. The move will also see Cleopatra inaugurate a urology center at the hospital.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- Cleopatra finalizes El Katib Hospital acquisition: Cleopatra Hospitals Group (CHG) has finalized its full acquisition of El Katib Hospital in Dokki after signing the business transfer agreement, according to a company statement (pdf). CHG will take over El Katib Hospital\u2019s daily operations as of today, and had already acquired the hospital\u2019s real estate [&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":[192,4810,72,7115,7128,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-592780","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-cleopatra-hospitals-group","tag-el-katib-hospital","tag-enterpriseam","tag-healthcare","tag-ma-watch","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"6117bfb5-2701-43f6-8573-ef6d4f945b73","is_powered_by":true,"section_story_id":"bb00eeea-6676-4490-9541-2feb4d6787a3","story_type":"1","photo_url":"","photo_position":"above","related_issue":[592767],"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>Egypt\u2019s Cleopatra Group finalizes El Katib Hospital acquisition - 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\/11\/06\/egypts-cleopatra-group-finalizes-el-katib-hospital-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s Cleopatra Group finalizes El Katib Hospital acquisition\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- Cleopatra finalizes El Katib Hospital acquisition: Cleopatra Hospitals Group (CHG) has finalized its full acquisition of El Katib Hospital in Dokki after signing the business transfer agreement, according to a company statement (pdf). CHG will take over El Katib Hospital\u2019s daily operations as of today, and had already acquired the hospital\u2019s real estate [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/egypts-cleopatra-group-finalizes-el-katib-hospital-acquisition\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-06T04:00:59+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\/2019\/11\/06\/egypts-cleopatra-group-finalizes-el-katib-hospital-acquisition\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/egypts-cleopatra-group-finalizes-el-katib-hospital-acquisition\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s Cleopatra Group finalizes El Katib Hospital acquisition\",\"datePublished\":\"2019-11-06T04:00:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/egypts-cleopatra-group-finalizes-el-katib-hospital-acquisition\/\"},\"wordCount\":103,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Cleopatra Hospitals Group\",\"El Katib Hospital\",\"EnterpriseAM\",\"healthcare\",\"M&amp;A Watch\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/egypts-cleopatra-group-finalizes-el-katib-hospital-acquisition\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/egypts-cleopatra-group-finalizes-el-katib-hospital-acquisition\/\",\"name\":\"Egypt\u2019s Cleopatra Group finalizes El Katib Hospital acquisition - 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Alongside the added capacity, the move will see\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":594289,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/24\/chg-sets-up-egp-30-mn-hospital-management-company-for-el-katib-hospital\/","url_meta":{"origin":592780,"position":1},"title":"CHG sets up EGP 30 mn hospital management company for El Katib Hospital","author":"enterpriseam admin","date":"24 October 2019","format":false,"excerpt":"Cleopatra Hospitals Group\u2019s (CHG) board of directors approved setting up a EGP 30 mn hospital management and operations company to manage its El Katib Hospital, according to a bourse disclosure (pdf). CHG will hold 99% of the new company, according to the statement. CHG had added El Katib Hospital in\u2026","rel":"","context":"In &quot;Health + Education&quot;","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627948,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/19\/cleopatra-says-abraaj-owns-less-than-5-confirms-it-is-still-on-hunt-for-acquisitions\/","url_meta":{"origin":592780,"position":2},"title":"Cleopatra says Abraaj owns less than 5%, confirms it is still on hunt for acquisitions","author":"enterpriseam admin","date":"19 June 2018","format":false,"excerpt":"Cleopatra Hospitals Group has put out a statement reassuring investors that troubles at Abraaj won\u2019t impact the nation\u2019s largest private-sector hospital group. Abraaj\u2019s stake in Cleopatra is in the single digits, it said. \u201cAbraaj Capital does not own any direct stake and indirectly owns less than 5% of Cleopatra through\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":604513,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/05\/earnings-watch-cleopatra-hospitals-group-reports-3q2018-results\/","url_meta":{"origin":592780,"position":3},"title":"Earnings watch: Cleopatra Hospitals Group reports 3Q2018 results","author":"enterpriseam admin","date":"5 December 2018","format":false,"excerpt":"EARNINGS WATCH- Cleopatra Hospitals Group reported a 186% y-o-y increase in net profit to EGP 91.6 mn in 3Q2018 from EGP 32 mn in 3Q2017, according to the company\u2019s earnings release (pdf). 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