{"id":593666,"date":"2019-10-07T04:00:22","date_gmt":"2019-10-07T04:00:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/07\/ebtikar-acquires-additional-4-8-stake-in-egyptian-e-payments-firm-masary\/"},"modified":"2019-10-07T04:00:22","modified_gmt":"2019-10-07T04:00:22","slug":"ebtikar-acquires-additional-4-8-stake-in-egyptian-e-payments-firm-masary","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/07\/ebtikar-acquires-additional-4-8-stake-in-egyptian-e-payments-firm-masary\/","title":{"rendered":"Ebtikar acquires additional 4.8% stake in Egyptian e-payments firm Masary"},"content":{"rendered":"<p><b>M&A WATCH- Ebtikar acquires additional 4.8% stake in Masary:<\/b> 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 <a href=\"https:\/\/alborsaanews.com\/2019\/10\/03\/1251420\">told the local press<\/a>. The sources did not disclose the value of the transaction, which brings Ebtikar\u2019s stake in Masary to 59.7%. Ebtikar is reportedly planning to raise its stake in Masary yet again this month, the sources said, without providing additional information. Ebtikar\u2019s IR manager Ashraf Ghannam had told the local press last month that the company is not angling for full ownership of the e-payments firm. Ebtikar had acquired a 10% stake in Masary <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/24\/ebtikar-acquires-additional-10-stake-in-e-payments-firm-masary\/\">in July<\/a>, and another 9.1% stake <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/19\/ebtikar-acquires-additional-9-1-stake-in-e-payments-firm-masary\/\">in September<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;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 transaction, which brings Ebtikar\u2019s stake [&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":[2515,10920,72,7128,1759,1851,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-593666","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-bpe-partners","tag-ebtikar-for-financial-investment","tag-enterpriseam","tag-ma-watch","tag-masary","tag-mm-group","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"67b7cc89-7b4d-4461-b264-50e9006456f8","is_powered_by":true,"section_story_id":"8dffa5bf-ae6d-40fb-a10d-931b9772d5f8","story_type":"1","photo_url":"","photo_position":"above","related_issue":[593646],"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 acquires additional 4.8% stake in Egyptian e-payments firm 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\/2019\/10\/07\/ebtikar-acquires-additional-4-8-stake-in-egyptian-e-payments-firm-masary\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ebtikar acquires additional 4.8% stake in Egyptian e-payments firm Masary\" \/>\n<meta property=\"og:description\" content=\"M&amp;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. 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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":597359,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/ebtikar-acquires-additional-10-stake-in-e-payments-firm-masary\/","url_meta":{"origin":593666,"position":1},"title":"Ebtikar acquires additional 10% stake in e-payments firm Masary","author":"enterpriseam admin","date":"24 July 2019","format":false,"excerpt":"M&A WATCH- Ebtikar acquires additional 10% stake in Masary: Ebtikar for Financial Investment, a joint venture between BPE Partners and MM Group, acquired an additional 10% stake in e-payments firm Masary in a transaction worth EGP 42 mn, MM Group said in a statement to the bourse (pdf). The transaction\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":595225,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/19\/ebtikar-acquires-additional-9-1-stake-in-e-payments-firm-masary\/","url_meta":{"origin":593666,"position":2},"title":"Ebtikar acquires additional 9.1% stake in e-payments firm Masary","author":"enterpriseam admin","date":"19 September 2019","format":false,"excerpt":"M&A WATCH- Ebtikar acquires additional 9.1% stake in Masary for EGP 40 mn: Ebtikar for Financial Investment, a joint venture between BPE Partners and MM Group, has acquired an additional 9.1% stake in e-payments firm Masary in a transaction worth EGP 40 mn, MM Group said in a statement (pdf).\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":594095,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/ebtikar-acquires-further-5-9-stake-in-masary-to-bring-its-share-to-65-5\/","url_meta":{"origin":593666,"position":3},"title":"Ebtikar acquires further 5.9% stake in Masary to bring its share to 65.5%","author":"enterpriseam admin","date":"20 October 2019","format":false,"excerpt":"M&A WATCH- Ebtikar raises its stake in Masary for the fifth time, buying up another 5.9%: Ebtikar Financial, a joint venture between MM Group and B Investments, has acquired a further 5.9% stake in e-payments firm Masary in a EGP 25.9 mn transaction, the company said in an EGX disclosure\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed 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