{"id":638307,"date":"2017-10-02T03:40:58","date_gmt":"2017-10-02T03:40:58","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/"},"modified":"2017-10-02T03:40:58","modified_gmt":"2017-10-02T03:40:58","slug":"responsability-plans-to-buy-stake-in-fawry-sources","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/","title":{"rendered":"ResponsAbility plans to buy stake in Fawry -sources"},"content":{"rendered":"

<\/a> M&A WATCH- <\/strong>Switzerland-based private equity outfit ResponsAbility<\/a> is planning on acquiring a non-controlling stake in Fawry, sources told Al Mal<\/a>. Negotiations between the two companies are in \u201cadvanced stages\u201d and ResponsAbility\u2019s entry is expected to come through a capital increase, but the sources did not disclose the expected size of the investment.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- Switzerland-based private equity outfit ResponsAbility is planning on acquiring a non-controlling stake in Fawry, sources told Al Mal. Negotiations between the two companies are in \u201cadvanced stages\u201d and ResponsAbility\u2019s entry is expected to come through a capital increase, but the sources did not disclose the expected size of the investment.<\/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-638307","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"1e5f6257-ccb4-451d-8fe6-a53ee5337274","order":"0","is_powered_by":true,"section_story_id":"19068564-2470-47f1-8879-0ab6fb001411","story_type":"1","photo_url":"","photo_position":"above","related_issue":[638298],"teaser":"","voice_url":""},"yoast_head":"\nResponsAbility plans to buy stake in Fawry -sources - 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\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ResponsAbility plans to buy stake in Fawry -sources\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- Switzerland-based private equity outfit ResponsAbility is planning on acquiring a non-controlling stake in Fawry, sources told Al Mal. Negotiations between the two companies are in \u201cadvanced stages\u201d and ResponsAbility\u2019s entry is expected to come through a capital increase, but the sources did not disclose the expected size of the investment.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-02T03:40:58+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\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"ResponsAbility plans to buy stake in Fawry -sources\",\"datePublished\":\"2017-10-02T03:40:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/\"},\"wordCount\":62,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/\",\"name\":\"ResponsAbility plans to buy stake in Fawry -sources - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-10-02T03:40:58+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ResponsAbility plans to buy stake in Fawry -sources\"}]},{\"@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":"ResponsAbility plans to buy stake in Fawry -sources - 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\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/","og_locale":"en_US","og_type":"article","og_title":"ResponsAbility plans to buy stake in Fawry -sources","og_description":"M&A WATCH- Switzerland-based private equity outfit ResponsAbility is planning on acquiring a non-controlling stake in Fawry, sources told Al Mal. Negotiations between the two companies are in \u201cadvanced stages\u201d and ResponsAbility\u2019s entry is expected to come through a capital increase, but the sources did not disclose the expected size of the investment.","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-10-02T03:40:58+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\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"ResponsAbility plans to buy stake in Fawry -sources","datePublished":"2017-10-02T03:40:58+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/"},"wordCount":62,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/","name":"ResponsAbility plans to buy stake in Fawry -sources - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-10-02T03:40:58+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/responsability-plans-to-buy-stake-in-fawry-sources\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"ResponsAbility plans to buy stake in Fawry -sources"}]},{"@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":573345,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/29\/shareholders-look-to-sell-c-7-stake-in-fawry\/","url_meta":{"origin":638307,"position":0},"title":"Shareholders look to sell c. 7% stake in Fawry","author":"enterpriseam admin","date":"29 July 2020","format":false,"excerpt":"Shareholders look to sell 7% stake in Fawry: A group of shareholders are looking to sell a combined stake of c. 7% (50 mn shares) in EGX-listed e-payment company Fawry, a source with knowledge of the transaction told Enterprise. Selling shareholders include the Egyptian American Enterprise Fund (EAEF), the International\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":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":638307,"position":1},"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). 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":564241,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/18\/fawry-completes-egp-1-2-bn-follow-on-share-sale\/","url_meta":{"origin":638307,"position":2},"title":"Fawry completes EGP 1.2 bn follow-on share sale","author":"enterpriseam admin","date":"18 August 2021","format":false,"excerpt":"Fawry completes EGP 1.2 bn follow-on share sale: Several shareholders in Egypt\u2019s leading e-payments firm Fawry have sold a 4.3% stake in the company in a follow-on share sale on the EGX, the bourse and transaction advisor EFG Hermes (pdf) said this morning. The 73.9 mn shares were sold by\u2026","rel":"","context":"In "GO WITH THE FLOW"","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596864,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/fawry-egypts-largest-ipo-since-emaar-on-the-horizon\/","url_meta":{"origin":638307,"position":3},"title":"Fawry, Egypt\u2019s largest IPO (since Emaar) on the horizon?","author":"enterpriseam admin","date":"10 July 2019","format":false,"excerpt":"IPO WATCH- Fawry to pull the trigger on Egypt\u2019s largest IPO (since Emaar) before Eid? E-payment platform Fawry will reportedly offer 45% of its shares in an initial public offering (IPO) on the EGX before Eid Al Adha in August, sources close to the matter told the domestic press. 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\/2019\/7\/Fawry-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569287,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/19\/fawry-transfers-64-of-its-main-shareholder-stake-to-indirect-shareholders\/","url_meta":{"origin":638307,"position":4},"title":"Fawry transfers 64% of its main shareholder stake to indirect shareholders","author":"enterpriseam admin","date":"19 February 2020","format":false,"excerpt":"Fawry transfers majority shareholder stake to indirect shareholders: Egyptian e-payment company Fawry has transferred the ownership of the 63.99% stake held in the company by PSI Netherlands Holding to indirect shareholders, finishing a restructuring process detailed in its listing prospectus (pdf) published ahead of its IPO on the EGX last\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":629011,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/20\/fawry-outlets-may-begin-selling-metro-tickets-soon-sources\/","url_meta":{"origin":638307,"position":5},"title":"Fawry outlets may begin selling metro tickets soon - sources","author":"enterpriseam admin","date":"20 May 2018","format":false,"excerpt":"The Egyptian Company Metro Management and Operation (Cairo Metro) is expected to sign a contract with e-payments platform Fawry within the next few days that will see Fawry sell metro tickets, a Cairo Metro source tells Al Mal. The agreement could be signed in the next few days.","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/638307","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=638307"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/638307\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/638298"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=638307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=638307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=638307"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=638307"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=638307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}