{"id":597359,"date":"2019-07-24T04:18:48","date_gmt":"2019-07-24T04:18:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/ebtikar-acquires-additional-10-stake-in-e-payments-firm-masary\/"},"modified":"2019-07-24T04:18:48","modified_gmt":"2019-07-24T04:18:48","slug":"ebtikar-acquires-additional-10-stake-in-e-payments-firm-masary","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/ebtikar-acquires-additional-10-stake-in-e-payments-firm-masary\/","title":{"rendered":"Ebtikar acquires additional 10% stake in e-payments firm Masary"},"content":{"rendered":"<p><b>M&A WATCH- Ebtikar acquires additional 10% stake in Masary:<\/b> 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 <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/232487_2.pdf\">statement to the bourse (pdf)<\/a>. The transaction brings Ebtikar\u2019s stake in Masary to 45.8% from 35.7%, according to a <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/232487_2.pdf\">B Payments statement (pdf)<\/a>. B Investments holds a 20% stake in Ebtikar, while MM Group holds 52.9%. The stake increase \u201cconfirms Ebtikar\u2019s commitment to its investment in Masary as a leading E-Payment provider with considerable growth potential in the Egyptian market,\u201d said Ebtikar Chairman Aladdin Saba.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;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 brings Ebtikar\u2019s stake in Masary [&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":[11181,138,72,7128,1759,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597359","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-b-partners","tag-ebtikar","tag-enterpriseam","tag-ma-watch","tag-masary","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3b8eb110-9139-4dd0-a5b4-a9f3e5cba86b","is_powered_by":true,"section_story_id":"c004a9d9-3d72-4ed4-9dc5-bfdb28c0db15","story_type":"1","photo_url":"","photo_position":"above","related_issue":[597342],"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 10% stake in 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\/07\/24\/ebtikar-acquires-additional-10-stake-in-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 10% stake in e-payments firm Masary\" \/>\n<meta property=\"og:description\" content=\"M&amp;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). 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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":595225,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/19\/ebtikar-acquires-additional-9-1-stake-in-e-payments-firm-masary\/","url_meta":{"origin":597359,"position":1},"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":593666,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/07\/ebtikar-acquires-additional-4-8-stake-in-egyptian-e-payments-firm-masary\/","url_meta":{"origin":597359,"position":2},"title":"Ebtikar acquires additional 4.8% stake in Egyptian e-payments firm Masary","author":"enterpriseam admin","date":"7 October 2019","format":false,"excerpt":"M&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\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":597359,"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 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":593012,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/14\/ebtikar-ups-stake-in-masary-for-fifth-time-since-july\/","url_meta":{"origin":597359,"position":4},"title":"Ebtikar ups stake in Masary for fifth time since July","author":"enterpriseam admin","date":"14 November 2019","format":false,"excerpt":"M&A WATCH- Ebtikar ups stake in Masary for fifth time since July: Ebtikar for Financial Investment, a joint venture between B Investments, BPE Partners and MM Group, has increased its stake in Egyptian e-payments company Masary to 69.8% from 65.5% in a EGP 18.7 mn transaction, the company said 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":560972,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/21\/ebtikar-now-holds-80-of-bee-rx-healthcare-has-a-egp-1-bn-ma-pipeline\/","url_meta":{"origin":597359,"position":5},"title":"Ebtikar now holds 80% of Bee + Rx Healthcare has a EGP 1 bn M&#038;A pipeline","author":"enterpriseam admin","date":"21 March 2021","format":false,"excerpt":"Ebtikar now holds 80% of Bee after acquiring an additional 20% stake in the company held by software services company Techno Beez. 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