{"id":627801,"date":"2018-06-12T03:37:44","date_gmt":"2018-06-12T03:37:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/"},"modified":"2018-06-12T03:37:44","modified_gmt":"2018-06-12T03:37:44","slug":"omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/","title":{"rendered":"Omega Capital bids to acquire 20% stake of Galina for EGP 75 mn"},"content":{"rendered":"

M&A WATCH-<\/strong> Egyptian private equity firm Omega Capital<\/a> made an offer to acquire 20% of British Egyptian Company for General Development Company (Galina<\/a>) for EGP 75 mn, Galina Chairman Abdel Wahed Soliman tells Al Mal.<\/a> The agrifoods company, which is 98% owned by the Soliman family, produces frozen fruits and vegetables and exports 95% of its produce.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- Egyptian private equity firm Omega Capital made an offer to acquire 20% of British Egyptian Company for General Development Company (Galina) for EGP 75 mn, Galina Chairman Abdel Wahed Soliman tells Al Mal. The agrifoods company, which is 98% owned by the Soliman family, produces frozen fruits and vegetables and exports 95% of […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627801","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"43e5f9f7-f4d7-4463-baed-f97d0e169a22","order":"0","is_powered_by":true,"section_story_id":"dc49f10c-badc-4139-adc5-ba630a44ae3c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[627785],"teaser":"","voice_url":""},"yoast_head":"\nOmega Capital bids to acquire 20% stake of Galina for EGP 75 mn - 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\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Omega Capital bids to acquire 20% stake of Galina for EGP 75 mn\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- Egyptian private equity firm Omega Capital made an offer to acquire 20% of British Egyptian Company for General Development Company (Galina) for EGP 75 mn, Galina Chairman Abdel Wahed Soliman tells Al Mal. The agrifoods company, which is 98% owned by the Soliman family, produces frozen fruits and vegetables and exports 95% of […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-12T03:37:44+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\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Omega Capital bids to acquire 20% stake of Galina for EGP 75 mn\",\"datePublished\":\"2018-06-12T03:37:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/\"},\"wordCount\":65,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/\",\"name\":\"Omega Capital bids to acquire 20% stake of Galina for EGP 75 mn - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-06-12T03:37:44+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Omega Capital bids to acquire 20% stake of Galina for EGP 75 mn\"}]},{\"@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":"Omega Capital bids to acquire 20% stake of Galina for EGP 75 mn - 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\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/","og_locale":"en_US","og_type":"article","og_title":"Omega Capital bids to acquire 20% stake of Galina for EGP 75 mn","og_description":"M&A WATCH- Egyptian private equity firm Omega Capital made an offer to acquire 20% of British Egyptian Company for General Development Company (Galina) for EGP 75 mn, Galina Chairman Abdel Wahed Soliman tells Al Mal. The agrifoods company, which is 98% owned by the Soliman family, produces frozen fruits and vegetables and exports 95% of […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-06-12T03:37:44+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Omega Capital bids to acquire 20% stake of Galina for EGP 75 mn","datePublished":"2018-06-12T03:37:44+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/"},"wordCount":65,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/","name":"Omega Capital bids to acquire 20% stake of Galina for EGP 75 mn - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-06-12T03:37:44+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/omega-capital-bids-to-acquire-20-stake-of-galina-for-egp-75-mn\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Omega Capital bids to acquire 20% stake of Galina for EGP 75 mn"}]},{"@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":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":625455,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/06\/galina-agrofreeze-looks-towards-egx-listing-as-it-seeks-to-leave-nilex\/","url_meta":{"origin":627801,"position":0},"title":"Galina-Agrofreeze looks towards EGX listing as it seeks to leave Nilex","author":"enterpriseam admin","date":"6 August 2018","format":false,"excerpt":"IPO WATCH- Galina-Agrofreeze looks to spin off and list its frozen fruit and veggies business on the EGX: Galina-Agrofreeze Fruits & Vegetables is looking to spin off its frozen fruit and vegetables processing business from its fruit concentrates unit, with plans to list the former on the EGX in the\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":546011,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/20\/galina-plans-egp-500-mn-private-placement-could-resurrect-ipo\/","url_meta":{"origin":627801,"position":1},"title":"Galina plans EGP 500 mn private placement, could resurrect IPO","author":"enterpriseam admin","date":"20 April 2022","format":false,"excerpt":"Galina could revive its IPO plans: Agrifood player Galina Holding could go ahead with a public share sale on the EGX this year, Chairman Abdel Wahed Soliman told Enterprise, confirming a report that first appeared in Al Mal. The company is aiming to raise at least EGP 500 mn from\u2026","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/339.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":559601,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/27\/galina-pushes-on-with-egp-600-mn-stake-sale-egx-debut\/","url_meta":{"origin":627801,"position":2},"title":"Galina pushes on with EGP 600 mn stake sale, EGX debut","author":"enterpriseam admin","date":"27 January 2021","format":false,"excerpt":"Galina attracts local, international investor interest in EGP 600 mn stake sale, plans to offer 10% in EGX debut: Agrifoods player Galina Holding has lined up at least 10 foreign and local institutional investors interested in participating in a private placement that will see the company sell a 49% stake\u2026","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/337.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":571744,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/21\/galina-agrofreeze-to-invest-egp-87-mn-in-its-new-factory\/","url_meta":{"origin":627801,"position":3},"title":"Galina-Agrofreeze to invest EGP 87 mn in its new factory","author":"enterpriseam admin","date":"21 May 2020","format":false,"excerpt":"Frozen fruit and vegetables producer Galina\u2013Agrofreeze is investing EGP 87 mn to build a new factory, Chairman Abdel Wahed Soliman told Al Mal. The company secured a EGP 37 mn loan from Bank of Alexandria and the Saudi Investment Bank and will self-finance the remaining EGP 50 mn, he said.\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573049,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/galina-holding-eyes-egypt-ipo-in-early-2021\/","url_meta":{"origin":627801,"position":4},"title":"Galina Holding eyes Egypt IPO in early 2021","author":"enterpriseam admin","date":"19 July 2020","format":false,"excerpt":"IPO WATCH- Agrifoods player Galina eyes IPO in early 2021: Galina Holding is planning to make its EGX debut around the beginning of next year, by which time it expects markets will have stabilized from the fallout from the covid-19 pandemic, Chairman Abdel Wahed Soliman tells Al Mal. The company\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":558797,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/26\/foreign-investor-launches-takeover-bid-for-galina\/","url_meta":{"origin":627801,"position":5},"title":"Foreign investor launches takeover bid for Galina","author":"enterpriseam admin","date":"26 August 2021","format":false,"excerpt":"An unnamed foreign investor has launched a takeover bid for Galina Holding, submitting a bid for 100% of the company, CEO Abdelwahed Soliman told us yesterday. Soliman didn\u2019t disclose the identity of the potential buyer or the value (or structure) of the bid, but said that the company has set\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/273.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\/627801","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=627801"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/627801\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/627785"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=627801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=627801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=627801"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=627801"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=627801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}