{"id":596164,"date":"2019-08-20T04:00:44","date_gmt":"2019-08-20T04:00:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/20\/prime-holding-finishes-due-diligence-on-pharos-units\/"},"modified":"2019-08-20T04:00:44","modified_gmt":"2019-08-20T04:00:44","slug":"prime-holding-finishes-due-diligence-on-pharos-units","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/20\/prime-holding-finishes-due-diligence-on-pharos-units\/","title":{"rendered":"Prime Holding finishes due diligence on Pharos units"},"content":{"rendered":"

<\/a> M&A WATCH- Prime Holding completes due diligence on Pharos brokerage, investment banking arms:<\/b> Prime Holding has completed the due diligence process on Pharos Holdings\u2019 securities brokerage and investment banking units ahead of their planned acquisition, Prime said in a bourse filing (pdf)<\/a>. The two companies are now discussing the results of the due diligence and will sign the final acquisition agreement following approval from the Financial Regulatory Authority.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- Prime Holding completes due diligence on Pharos brokerage, investment banking arms: Prime Holding has completed the due diligence process on Pharos Holdings\u2019 securities brokerage and investment banking units ahead of their planned acquisition, Prime said in a bourse filing (pdf). The two companies are now discussing the results of the due diligence and […]<\/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":[813,72,7128,976,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596164","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-al-ahly-pharos","tag-enterpriseam","tag-ma-watch","tag-prime-holding","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5ead41ba-2dcb-432c-8e3a-405d37eddad9","is_powered_by":true,"section_story_id":"295dee7c-b57c-4c13-af03-a90efd937745","story_type":"1","photo_url":"","photo_position":"above","related_issue":[596157],"teaser":"","voice_url":""},"yoast_head":"\nPrime Holding finishes due diligence on Pharos units - 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\/08\/20\/prime-holding-finishes-due-diligence-on-pharos-units\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prime Holding finishes due diligence on Pharos units\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- Prime Holding completes due diligence on Pharos brokerage, investment banking arms: Prime Holding has completed the due diligence process on Pharos Holdings\u2019 securities brokerage and investment banking units ahead of their planned acquisition, Prime said in a bourse filing (pdf). The two companies are now discussing the results of the due diligence and […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/20\/prime-holding-finishes-due-diligence-on-pharos-units\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-20T04:00:44+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\/08\/20\/prime-holding-finishes-due-diligence-on-pharos-units\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/20\/prime-holding-finishes-due-diligence-on-pharos-units\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Prime Holding finishes due diligence on Pharos units\",\"datePublished\":\"2019-08-20T04:00:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/20\/prime-holding-finishes-due-diligence-on-pharos-units\/\"},\"wordCount\":77,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Al Ahly Pharos\",\"EnterpriseAM\",\"M&A Watch\",\"Prime Holding\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/20\/prime-holding-finishes-due-diligence-on-pharos-units\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/20\/prime-holding-finishes-due-diligence-on-pharos-units\/\",\"name\":\"Prime Holding finishes due diligence on Pharos units - 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Both Prime Holding and Pharos released statements announcing that they had failed to reach a final agreement. Prime Holding said earlier\u2026","rel":"","context":"In "Speed Round"","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":590686,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/31\/egypts-ahly-capital-to-fully-acquire-pharos-securities\/","url_meta":{"origin":596164,"position":1},"title":"Egypt\u2019s Ahly Capital to fully acquire Pharos Securities","author":"enterpriseam admin","date":"31 December 2019","format":false,"excerpt":"M&A WATCH- Ahly Capital to fully acquire Pharos Securities: National Bank of Egypt-owned Al Ahly Capital has signed a final agreement with Pharos Holding to acquire 100% of its brokerage arm, Pharos Securities, NBE said in a statement carried by Al Mal. The acquisition is reportedly worth EGP 120 mn,\u2026","rel":"","context":"In "Speed Round"","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":602365,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/investec-in-talks-to-acquire-spinneys-egypt\/","url_meta":{"origin":596164,"position":2},"title":"Investec in talks to acquire Spinneys Egypt","author":"enterpriseam admin","date":"26 March 2019","format":false,"excerpt":"M&A WATCH- Investec is doing due diligence on Spinneys Egypt ahead of a potential acquisition, Al Mal reports. If concluded, the transaction would be Investec\u2019s first acquisition in Egypt. Five private equity firms, including Ezdehar, had been looking to acquire Spinneys from Abraaj Group following the PE giant\u2019s collapse last\u2026","rel":"","context":"In "Speed Round"","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":567199,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/15\/egypts-al-ahly-capital-to-acquire-pharos-asset-management-for-egp-20-mn\/","url_meta":{"origin":596164,"position":3},"title":"Egypt\u2019s Al Ahly Capital to acquire Pharos\u2019 asset management for EGP 20 mn","author":"enterpriseam admin","date":"15 January 2020","format":false,"excerpt":"M&A WATCH- Al Ahly Capital is planning a c. EGP 20 mn bid for Pharos Holding\u2019s asset management and investment banking arms, Al Mal reports, citing sources familiar with the bid. The sources said that the acquisition could be completed within the coming two months. Al Ahly Capital, a National\u2026","rel":"","context":"In "Speed Round"","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":619052,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/24\/b-investments-to-soon-snap-up-a-70-stake-in-orascom-financial-holding-plus-al-ahly-capital-holding-acquires-51-stake-in-easy-lease\/","url_meta":{"origin":596164,"position":4},"title":"B Investments to soon snap up a 70% stake in Orascom Financial Holding. 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