{"id":596530,"date":"2019-07-01T04:29:50","date_gmt":"2019-07-01T04:29:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/01\/eipico-board-approves-acquisition-of-9-77-stake-in-medical-union-pharma\/"},"modified":"2019-07-01T04:29:50","modified_gmt":"2019-07-01T04:29:50","slug":"eipico-board-approves-acquisition-of-9-77-stake-in-medical-union-pharma","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/01\/eipico-board-approves-acquisition-of-9-77-stake-in-medical-union-pharma\/","title":{"rendered":"Eipico board approves acquisition of 9.77% stake in Medical Union Pharma"},"content":{"rendered":"

<\/a> M&A WATCH- Eipico looking to acquire 9.77% stake in Medical Union:<\/b> Pharma player Eipico<\/a>\u2019s board of directors has agreed to acquire a 9.77% stake in Medical Union Pharma<\/a> (MUP) for over EGP 200 mn, sources told the local press<\/a>. The stake belongs to Egylease<\/a>, which is looking to increase the sale to 10.4%. Eipico is working on hiring an independent financial advisor to value MUP\u2019s shares, said the company\u2019s IR officer Abdel Rahim Elmorly. CIB signed last week<\/a> an EGP 400 mn medium-term financing contract with MUP, bringing the company\u2019s total credit facilities to EGP 1 bn.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- Eipico looking to acquire 9.77% stake in Medical Union: Pharma player Eipico\u2019s board of directors has agreed to acquire a 9.77% stake in Medical Union Pharma (MUP) for over EGP 200 mn, sources told the local press. The stake belongs to Egylease, which is looking to increase the sale to 10.4%. Eipico is […]<\/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":[487,72,7128,427,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596530","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-eipico","tag-enterpriseam","tag-ma-watch","tag-pharma","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"caf87b61-1a57-435a-b740-29a1ba8c0985","is_powered_by":true,"section_story_id":"c76e4ce2-8ba4-4d4b-b668-c90d87234437","story_type":"1","photo_url":"","photo_position":"above","related_issue":[596521],"teaser":"","voice_url":""},"yoast_head":"\nEipico board approves acquisition of 9.77% stake in Medical Union 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\/07\/01\/eipico-board-approves-acquisition-of-9-77-stake-in-medical-union-pharma\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eipico board approves acquisition of 9.77% stake in Medical Union Pharma\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- Eipico looking to acquire 9.77% stake in Medical Union: Pharma player Eipico\u2019s board of directors has agreed to acquire a 9.77% stake in Medical Union Pharma (MUP) for over EGP 200 mn, sources told the local press. The stake belongs to Egylease, which is looking to increase the sale to 10.4%. 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