{"id":637937,"date":"2017-11-29T04:04:11","date_gmt":"2017-11-29T04:04:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/29\/egyptian-spanish-funds-in-talks-to-acquire-majority-stake-in-cairo-scan\/"},"modified":"2017-11-29T04:04:11","modified_gmt":"2017-11-29T04:04:11","slug":"egyptian-spanish-funds-in-talks-to-acquire-majority-stake-in-cairo-scan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/29\/egyptian-spanish-funds-in-talks-to-acquire-majority-stake-in-cairo-scan\/","title":{"rendered":"Egyptian, Spanish funds in talks to acquire majority stake in Cairo Scan"},"content":{"rendered":"

<\/a> M&A WATCH- Egyptian, Spanish funds in talks to acquire majority stake in Cairo <\/strong>Scan:<\/strong> Two unnamed private equity firms, one each from Egypt and Spain, are in talks to jointly acquire a majority stake in radiology provider Cairo Scan from Chairman and Managing Director Mohamed Abdel Wahab, sources close to the matter tell Al Mal<\/a>. Abdel Wahab holds more than 40% of Cairo Scan, the sources said, refusing to provide further details. They added, however, that both funds intend to split the shares evenly once the transaction complete and are willing to buy up to 100% of Cairo Scan if other shareholders were to agree. Talks are expected to wrap up by year\u2019s end. The potential transaction is the latest in a string of transactions in the industry, most prominently including an acquisition spree by Saudi Arabia\u2019s Elaj Group<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- Egyptian, Spanish funds in talks to acquire majority stake in Cairo Scan: Two unnamed private equity firms, one each from Egypt and Spain, are in talks to jointly acquire a majority stake in radiology provider Cairo Scan from Chairman and Managing Director Mohamed Abdel Wahab, sources close to the matter tell Al Mal. 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The transaction is expected to be\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":635026,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/spains-mediterrania-capital-partners-acquires-40-of-cairo-scan-in-egp-103-mn-agreement\/","url_meta":{"origin":637937,"position":1},"title":"Spain\u2019s Mediterrania Capital Partners acquires 40% of Cairo Scan in EGP 103 mn agreement","author":"enterpriseam admin","date":"31 January 2018","format":false,"excerpt":"M&A WATCH- The nation\u2019s healthcare sector continues to be the most interesting center of gravity for M&A. The latest news sees Spain\u2019s Mediterrania Capital acquiring a 40% stake in Cairo Scan for a reported EGP 103 mn. 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