{"id":633151,"date":"2018-02-28T04:23:36","date_gmt":"2018-02-28T04:23:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/saudis-marei-bin-mahfouz-group-acquires-25-in-dbk-pharma\/"},"modified":"2018-02-28T04:23:36","modified_gmt":"2018-02-28T04:23:36","slug":"saudis-marei-bin-mahfouz-group-acquires-25-in-dbk-pharma","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/saudis-marei-bin-mahfouz-group-acquires-25-in-dbk-pharma\/","title":{"rendered":"Saudi\u2019s Marei bin Mahfouz Group acquires 25% in DBK Pharma"},"content":{"rendered":"

M&A WATCH- Saudi Arabia\u2019s Marei bin Mahfouz Group has reportedly bought a 25% stake in DBK Pharma<\/strong>, signaling that the firm might have once and for all abandoned plans to relist on the EGX, according to Al Mal<\/a>. The group acquired the shares for EGP 38.7 mn, and these were bought from family members of chairman Hamdy El Debeky, said Madani Law Firm\u2019s Zahra El Madani<\/a>, legal adviser on the transaction. Al Mal suggests a share sale was called off because it had not generated enough buzz. El Debeky had said last September<\/a> that the firm\u2019s IPO would take place in 4Q2017. Sources close to the transaction also said that the company is in talks with other investors to sell another 20% of the company.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- Saudi Arabia\u2019s Marei bin Mahfouz Group has reportedly bought a 25% stake in DBK Pharma, signaling that the firm might have once and for all abandoned plans to relist on the EGX, according to Al Mal. The group acquired the shares for EGP 38.7 mn, and these were bought from family members 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-633151","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"8367bd99-6086-449e-bcf4-6f5157da5f91","order":"0","is_powered_by":true,"section_story_id":"4b0a757f-60d7-40dc-8e33-5c7659837d39","story_type":"1","photo_url":"","photo_position":"above","related_issue":[633142],"teaser":"","voice_url":""},"yoast_head":"\nSaudi\u2019s Marei bin Mahfouz Group acquires 25% in DBK 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\/2018\/02\/28\/saudis-marei-bin-mahfouz-group-acquires-25-in-dbk-pharma\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi\u2019s Marei bin Mahfouz Group acquires 25% in DBK Pharma\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- Saudi Arabia\u2019s Marei bin Mahfouz Group has reportedly bought a 25% stake in DBK Pharma, signaling that the firm might have once and for all abandoned plans to relist on the EGX, according to Al Mal. The group acquired the shares for EGP 38.7 mn, and these were bought from family members of […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/saudis-marei-bin-mahfouz-group-acquires-25-in-dbk-pharma\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-28T04:23:36+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/saudis-marei-bin-mahfouz-group-acquires-25-in-dbk-pharma\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/saudis-marei-bin-mahfouz-group-acquires-25-in-dbk-pharma\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Saudi\u2019s Marei bin Mahfouz Group acquires 25% in DBK Pharma\",\"datePublished\":\"2018-02-28T04:23:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/saudis-marei-bin-mahfouz-group-acquires-25-in-dbk-pharma\/\"},\"wordCount\":136,\"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\/02\/28\/saudis-marei-bin-mahfouz-group-acquires-25-in-dbk-pharma\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/saudis-marei-bin-mahfouz-group-acquires-25-in-dbk-pharma\/\",\"name\":\"Saudi\u2019s Marei bin Mahfouz Group acquires 25% in DBK Pharma - 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