{"id":630839,"date":"2018-03-04T04:11:13","date_gmt":"2018-03-04T04:11:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/04\/eaef-looks-to-acquire-majority-stake-in-misr-hytech-seed-intl\/"},"modified":"2018-03-04T04:11:13","modified_gmt":"2018-03-04T04:11:13","slug":"eaef-looks-to-acquire-majority-stake-in-misr-hytech-seed-intl","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/04\/eaef-looks-to-acquire-majority-stake-in-misr-hytech-seed-intl\/","title":{"rendered":"EAEF looks to acquire majority stake in Misr Hytech Seed Int\u2019l"},"content":{"rendered":"<p><strong>M&A WATCH- EAEF looks to acquire majority stake in Misr Hytech Seed Int\u2019l:<\/strong> Our friends at the Egyptian-American Enterprise Fund (EAEF) are reportedly looking to acquire a controlling stake in seed-focused biotech firm <a href=\"http:\/\/www.hytechseed.com\/company-profile.html\">Misr Hytech Seed International<\/a>, sources close to the transaction <a href=\"https:\/\/alborsanews.com\/2018\/03\/01\/1089523\">told Al Borsa<\/a>. EAEF, which is hoping to partner on the sale with two unnamed UK-based firms, has reportedly begun due diligence on the company after signing a preliminary agreement for the sale with the Misr Hytech. Sources added that the transaction is expected to close in 1Q2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- EAEF looks to acquire majority stake in Misr Hytech Seed Int\u2019l: Our friends at the Egyptian-American Enterprise Fund (EAEF) are reportedly looking to acquire a controlling stake in seed-focused biotech firm Misr Hytech Seed International, sources close to the transaction told Al Borsa. EAEF, which is hoping to partner on the sale with [&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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630839","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"c75a2fea-560c-43d0-9657-d50e3dc94dee","order":"0","is_powered_by":true,"section_story_id":"b250893e-7eca-4a44-a21c-e09876beff22","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630827],"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>EAEF looks to acquire majority stake in Misr Hytech Seed Int\u2019l - 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\/03\/04\/eaef-looks-to-acquire-majority-stake-in-misr-hytech-seed-intl\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EAEF looks to acquire majority stake in Misr Hytech Seed Int\u2019l\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- EAEF looks to acquire majority stake in Misr Hytech Seed Int\u2019l: Our friends at the Egyptian-American Enterprise Fund (EAEF) are reportedly looking to acquire a controlling stake in seed-focused biotech firm Misr Hytech Seed International, sources close to the transaction told Al Borsa. EAEF, which is hoping to partner on the sale with [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/04\/eaef-looks-to-acquire-majority-stake-in-misr-hytech-seed-intl\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-04T04:11:13+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\/03\/04\/eaef-looks-to-acquire-majority-stake-in-misr-hytech-seed-intl\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/04\/eaef-looks-to-acquire-majority-stake-in-misr-hytech-seed-intl\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EAEF looks to acquire majority stake in Misr Hytech Seed Int\u2019l\",\"datePublished\":\"2018-03-04T04:11:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/04\/eaef-looks-to-acquire-majority-stake-in-misr-hytech-seed-intl\/\"},\"wordCount\":104,\"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\/03\/04\/eaef-looks-to-acquire-majority-stake-in-misr-hytech-seed-intl\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/04\/eaef-looks-to-acquire-majority-stake-in-misr-hytech-seed-intl\/\",\"name\":\"EAEF looks to acquire majority stake in Misr Hytech Seed Int\u2019l - 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The acquisition was made through investment manager Lorax Capital Partners. \u201cWe are very excited about the great potential of this\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\/2023\/1\/291.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568891,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/06\/the-egyptian-american-enterprise-funds-2019-shareholders-letter\/","url_meta":{"origin":630839,"position":1},"title":"The Egyptian-American Enterprise Fund\u2019s 2019 shareholders\u2019 letter","author":"enterpriseam admin","date":"6 February 2020","format":false,"excerpt":"2019 was a \u201cmilestone\u201d year for the Egyptian-American Enterprise Fund (EAEF), Chairman James Harmon wrote this week in his annual letter to shareholders (pdf). The EAEF acquired a majority stake in Egyptian seed company Misr Hytech with Helios Investment Partners, and made its debut in the education sector with 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":593707,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/08\/lorax-capital-to-launch-usd-250-mn-sme-pe-fund\/","url_meta":{"origin":630839,"position":2},"title":"Lorax Capital to launch USD 250 mn SME PE fund","author":"enterpriseam admin","date":"8 October 2019","format":false,"excerpt":"Lorax Capital to launch USD 250 mn private equity fund: The Egyptian American Enterprise Fund\u2019s (EAEF) Lorax Capital Partners plans to launch a USD 250 mn private equity fund for long-term investment in Egyptian SMEs, the European Bank for Reconstruction and Development (EBRD) said on its website. \u201cThe [Lorax Capital\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":635518,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/06\/arqaam-announces-closing-sale-of-stake-in-orchidia-to-eaef\/","url_meta":{"origin":630839,"position":3},"title":"Arqaam announces closing sale of stake in Orchidia to EAEF","author":"enterpriseam admin","date":"6 December 2017","format":false,"excerpt":"M&A WATCH- Arqaam Capital announced closing the sale of a stake in Orchidia Pharma to the Egyptian American Enterprise Fund (EAEF). Arqaam acted as the exclusive sell-side advisor to SPE Capital, formerly Swicorp Private Equity, Orchidia Pharmaceutical Industries, and Dr. Ossama Abbas, the founder, majority shareholder and Chairman of Orchidia\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":645639,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/eaef-looks-to-buy-orchidia-pharma\/","url_meta":{"origin":630839,"position":4},"title":"EAEF looks to buy Orchidia Pharma","author":"enterpriseam admin","date":"26 July 2017","format":false,"excerpt":"M&A WATCH- Our friends at the Egyptian American Enterprise Fund (EAEF) are reportedly planning to invest in Orchidia Pharma, sources close to the matter tell Al Borsa. While EAEF is hoping to acquire up to 100% of the company, it would settle on a majority stake of 55%, the sources\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":573382,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/04\/efg-closes-sale-of-7-stake-in-egypts-fawry-for-usd-50-mn\/","url_meta":{"origin":630839,"position":5},"title":"EFG closes sale of 7% stake in Egypt\u2019s Fawry for USD 50 mn","author":"enterpriseam admin","date":"4 August 2020","format":false,"excerpt":"INVESTMENT WATCH- EFG closes USD 50 mn sale of c.7% stake in Fawry: EFG Hermes closed last week the sale by existing shareholders of a combined c. 7% stake (50 mn shares) in EGX-listed e-payment company Fawry in a transaction worth USD 50 mn, according to a statement (pdf). 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