{"id":594775,"date":"2019-09-08T04:22:46","date_gmt":"2019-09-08T04:22:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/"},"modified":"2019-09-08T04:22:46","modified_gmt":"2019-09-08T04:22:46","slug":"shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/","title":{"rendered":"Shareholders sell 8.4% stake in Egypt\u2019s Ibnsina Pharma"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <b>Shareholders sell 8.4% stake in Ibnsina:<\/b> Shareholders have sold 8.4% of their shares in Ibnsina Pharma, amounting to around 69.1 mn shares, at EGP 9.7-10.22 per share, according to <a href=\"https:\/\/ent.news\/2019\/9\/1558.pdf\">an emailed statement from EFG Hermes (pdf)<\/a>. Among the sellers was the European Bank for Reconstruction and Development (EBRD), which reduced its stake to 8.7% from 10.1%, <a href=\"https:\/\/alborsaanews.com\/2019\/09\/05\/1241634\">according to the local press<\/a>. The Abdel Gawad family also reduced its stake from 16.5% to 13.5% and the Mahgoub family from 16% to 13%.<\/p>\n<p><b>Sale could help boost share value by 42% -Beltone:<\/b> The sale will increase the percentage of freefloat shares to 45.7% from 37.3%, increasing Ibnsina\u2019s weight on the EGX to 1.54% from 1.26%, Beltone Financial said. This will result in passive inflows of USD 100k equivalent to 0.3 days\/trade based on the USD 500k three-month average daily trading volume. Ibnsina could see its share value go up by 42% to EGP 14.35 as a result of the sale, as well as the sector\u2019s strong growth potential and the company\u2019s robust sales.<\/p>\n<p><b>The sale comes less than a week after <\/b><a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/03\/egyptian-pharma-company-ibnsina-signs-import-distribution-agreement-with-roche\/\"><b>Ibnsina announced an agreement<\/b><\/a><b> with global pharma company Roche<\/b> to import and distribute 40 Roche products in Egypt. Beltone estimates that the agreement will add around EGP 300 mn to its top line and EGP 24 mn in gross profit by the end of next year.<\/p>\n<p><b>EFG Hermes acted as the sole sell-side bookrunner on the transaction.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shareholders sell 8.4% stake in Ibnsina: Shareholders have sold 8.4% of their shares in Ibnsina Pharma, amounting to around 69.1 mn shares, at EGP 9.7-10.22 per share, according to an emailed statement from EFG Hermes (pdf). Among the sellers was the European Bank for Reconstruction and Development (EBRD), which reduced its stake to 8.7% from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":594776,"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":[72,1414,427,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594775","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-ibnsina-pharma","tag-pharma","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"bd34408d-12ea-4cc4-97e0-2dfd5019496a","is_powered_by":true,"section_story_id":"26d4a7df-6d81-4c3e-b0be-ae62cd83ee82","story_type":"1","photo_url":"https:\/\/ent.news\/2020\/4\/308.jpg","photo_position":"above","related_issue":[594767],"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>Shareholders sell 8.4% stake in Egypt\u2019s Ibnsina Pharma - 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\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shareholders sell 8.4% stake in Egypt\u2019s Ibnsina Pharma\" \/>\n<meta property=\"og:description\" content=\"Shareholders sell 8.4% stake in Ibnsina: Shareholders have sold 8.4% of their shares in Ibnsina Pharma, amounting to around 69.1 mn shares, at EGP 9.7-10.22 per share, according to an emailed statement from EFG Hermes (pdf). Among the sellers was the European Bank for Reconstruction and Development (EBRD), which reduced its stake to 8.7% from [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-08T04:22:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/4\/308.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\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Shareholders sell 8.4% stake in Egypt\u2019s Ibnsina Pharma\",\"datePublished\":\"2019-09-08T04:22:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/\"},\"wordCount\":228,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/4\/308.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"Ibnsina Pharma\",\"pharma\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/\",\"name\":\"Shareholders sell 8.4% stake in Egypt\u2019s Ibnsina Pharma - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/4\/308.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2019-09-08T04:22:46+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2020\/4\/308.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/4\/308.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Shareholders sell 8.4% stake in Egypt\u2019s Ibnsina Pharma\"}]},{\"@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":"Shareholders sell 8.4% stake in Egypt\u2019s Ibnsina Pharma - 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\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/","og_locale":"en_US","og_type":"article","og_title":"Shareholders sell 8.4% stake in Egypt\u2019s Ibnsina Pharma","og_description":"Shareholders sell 8.4% stake in Ibnsina: Shareholders have sold 8.4% of their shares in Ibnsina Pharma, amounting to around 69.1 mn shares, at EGP 9.7-10.22 per share, according to an emailed statement from EFG Hermes (pdf). Among the sellers was the European Bank for Reconstruction and Development (EBRD), which reduced its stake to 8.7% from [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2019-09-08T04:22:46+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/308.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\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Shareholders sell 8.4% stake in Egypt\u2019s Ibnsina Pharma","datePublished":"2019-09-08T04:22:46+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/"},"wordCount":228,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/308.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","Ibnsina Pharma","pharma","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/","url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/","name":"Shareholders sell 8.4% stake in Egypt\u2019s Ibnsina Pharma - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/308.jpg?fit=%2C&ssl=1","datePublished":"2019-09-08T04:22:46+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/308.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/308.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/shareholders-sell-8-4-stake-in-egypts-ibnsina-pharma\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Shareholders sell 8.4% stake in Egypt\u2019s Ibnsina Pharma"}]},{"@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\/4\/308.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/308.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\/4\/308.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":641334,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/ibnsina-pharma-files-intention-to-float-on-egx\/","url_meta":{"origin":594775,"position":0},"title":"Ibnsina Pharma files intention to float on EGX","author":"enterpriseam admin","date":"19 September 2017","format":false,"excerpt":"IPO WATCH- Ibnsina Pharma announced its intention to proceed with an initial public offering (pdf) on the EGX. The company, Egypt\u2019s fastest-growing pharma distributor, is offering around 25% of its shares through both primary and secondary offerings. (You can check out its corporate website here.)The transaction will take place in\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":635676,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/ibnsina-pharma-to-begin-trading-on-egx-tomorrow-as-isph-ca-retail-offering-18-35x-oversubscribed\/","url_meta":{"origin":594775,"position":1},"title":"Ibnsina Pharma to begin trading on EGX tomorrow as ISPH.CA, retail offering 18.35x oversubscribed","author":"enterpriseam admin","date":"11 December 2017","format":false,"excerpt":"IPO WATCH- Ibnsina Pharma retail offering closes, trading to start tomorrow: Shares Ibnsina Pharma, Egypt\u2019s fastest-growing and second-largest distributor of pharmaceutical products, will begin trading on the EGX on Tuesday after the book-building process for its retail offering ended yesterday. The company\u2019s shares will trade under the stock symbol ISPH.CA\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":601203,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ibnsina-antitrust-fine-reduced-to-egp-160-mn-from-egp-2-04-bn\/","url_meta":{"origin":594775,"position":2},"title":"Ibnsina antitrust fine reduced to EGP 160 mn from EGP 2.04 bn","author":"enterpriseam admin","date":"21 February 2019","format":false,"excerpt":"DISPUTE WATCH- Ibnsina confirms antitrust fine reduced to EGP 160 mn from EGP 2.04 bn: Ibnsina Pharma confirmed yesterday in an EGX disclosure (pdf) that a Cairo appeals court has reduced to EGP 160 mn an original EGP 2.04 bn antitrust fine handed by the Cairo Economic Court. \u201cIbnsina Pharma\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\/2019\/2\/710.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":576098,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/10\/ibnsina-pharma-acquires-75-stake-in-egyptian-digital-pharmacy-app-3elagi\/","url_meta":{"origin":594775,"position":3},"title":"Ibnsina Pharma acquires 75% stake in Egyptian digital pharmacy app 3elagi","author":"enterpriseam admin","date":"10 November 2020","format":false,"excerpt":"M&A WATCH- Ibnsina Pharma has acquired a 75% stake in digital pharmacy platform and app 3elagi, according to an EGX disclosure (pdf). The remaining 25% of the business continues to be held by the founders, who will remain onboard. The company has been working since the outbreak of the pandemic\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":639532,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/31\/ibnsina-submits-ipo-paperwork-to-the-egx\/","url_meta":{"origin":594775,"position":4},"title":"Ibnsina submits IPO paperwork to the EGX","author":"enterpriseam admin","date":"31 October 2017","format":false,"excerpt":"IPO WATCH- Ibnsina Pharma has submitted paperwork to the bourse to begin procedures for its initial public offering, according to a disclosure. The company is looking to offer 25% of its shares on the EGX before the end of 4Q2017, Al Mal says. Ibnsina had tapped Beltone Financial back in\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":660010,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/05\/ebrd-exits-ibnsina-pharma\/","url_meta":{"origin":594775,"position":5},"title":"EBRD exits Ibnsina Pharma","author":"enterpriseam admin","date":"5 February 2025","format":false,"excerpt":"The EBRD acquired a 20% stake in the pharma player back in 2015","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\/2025\/2\/385.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/594775","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=594775"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/594775\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/594767"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/594776"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=594775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=594775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=594775"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=594775"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=594775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}