{"id":638905,"date":"2017-10-17T03:55:09","date_gmt":"2017-10-17T03:55:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/eaef-other-investor-bidding-for-a-major-stake-in-hyperone-source\/"},"modified":"2017-10-17T03:55:09","modified_gmt":"2017-10-17T03:55:09","slug":"eaef-other-investor-bidding-for-a-major-stake-in-hyperone-source","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/eaef-other-investor-bidding-for-a-major-stake-in-hyperone-source\/","title":{"rendered":"EAEF, other investor bidding for a \u201cmajor stake\u201d in HyperOne -source"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>M&A WATCH- <\/strong>Retailer <a href=\"https:\/\/www.hyperone.com.eg\/\">HyperOne<\/a> has reportedly received two separate bids from investors looking to acquire a controlling stake, <a href=\"http:\/\/www.almalnews.com\/Story\/349363\/11\/%D8%B9%D8%B1%D8%B6%D8%A7%D9%86-%D9%84%D9%84%D8%A7%D8%B3%D8%AA%D8%AD%D9%88%D8%A7%D8%B0-%D8%B9%D9%84%D9%89-%D8%AD%D8%B5%D8%A9-%D9%85%D8%A4%D8%AB%D8%B1%D8%A9-%D9%81%D9%89-%D9%87%D8%A7%D9%8A%D8%A8%D8%B1-%D9%88%D8%A7%D9%86\">sources tell Al Mal<\/a>. The sources say one of the bids is from the <a href=\"http:\/\/eaefund.org\/\">Egyptian American Enterprise Fund<\/a> and the other is from \u201ca foreign investment company\u201d entering Egypt for the first time. Al Mal says HyperOne hired Pharos Holding as a sell-side advisor and Al Tamimi & Co as legal counsel. There is no announced timeline for the transaction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- Retailer HyperOne has reportedly received two separate bids from investors looking to acquire a controlling stake, sources tell Al Mal. The sources say one of the bids is from the Egyptian American Enterprise Fund and the other is from \u201ca foreign investment company\u201d entering Egypt for the first time. Al Mal says HyperOne [&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-638905","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"84465a24-6409-44ad-acee-5253e50b19a0","order":"0","is_powered_by":true,"section_story_id":"f157c3e9-2949-43ef-9620-489068e723a0","story_type":"1","photo_url":"","photo_position":"above","related_issue":[638897],"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, other investor bidding for a \u201cmajor stake\u201d in HyperOne -source - 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\/17\/eaef-other-investor-bidding-for-a-major-stake-in-hyperone-source\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EAEF, other investor bidding for a \u201cmajor stake\u201d in HyperOne -source\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- Retailer HyperOne has reportedly received two separate bids from investors looking to acquire a controlling stake, sources tell Al Mal. The sources say one of the bids is from the Egyptian American Enterprise Fund and the other is from \u201ca foreign investment company\u201d entering Egypt for the first time. Al Mal says HyperOne [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/eaef-other-investor-bidding-for-a-major-stake-in-hyperone-source\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-17T03:55:09+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\/17\/eaef-other-investor-bidding-for-a-major-stake-in-hyperone-source\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/eaef-other-investor-bidding-for-a-major-stake-in-hyperone-source\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EAEF, other investor bidding for a \u201cmajor stake\u201d in HyperOne -source\",\"datePublished\":\"2017-10-17T03:55:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/eaef-other-investor-bidding-for-a-major-stake-in-hyperone-source\/\"},\"wordCount\":89,\"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\/17\/eaef-other-investor-bidding-for-a-major-stake-in-hyperone-source\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/eaef-other-investor-bidding-for-a-major-stake-in-hyperone-source\/\",\"name\":\"EAEF, other investor bidding for a \u201cmajor stake\u201d in HyperOne -source - 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The executive vehemently denied news reported earlier this week that the retailer had received two separate bids to acquire a controlling stake from a foreign investor entering the country for the first time,\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":634356,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/14\/hyperone-to-build-new-branch-in-solaimaneyah-city-this-year\/","url_meta":{"origin":638905,"position":1},"title":"HyperOne to build new branch in Solaimaneyah City this year","author":"enterpriseam admin","date":"14 January 2018","format":false,"excerpt":"INVESTMENT WATCH- Retail chain HyperOne is planning to open a EGP 500 mn branch in Solaimaneyah City this year, founder and Chairman Mohamed El Hawary tells Al Masry Al Youm. 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He provided no additional details on the size or timeline for the transaction, adding only that 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":600168,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/21\/hyperone-seoudi-and-carrefour-win-tenders-for-new-retail-complexes\/","url_meta":{"origin":638905,"position":3},"title":"HyperOne, Seoudi, and Carrefour win tenders for new retail complexes","author":"enterpriseam admin","date":"21 January 2019","format":false,"excerpt":"Supermarket chains HyperOne, Seoudi, and Carrefour won tenders issued by the Supply Ministry to develop 7 retail complexes in Cairo, Alexandria, Giza, and Qena, reports Al Mal. The three companies beat out Metro, Kheir Zaman, and Lulu Market, with contracts expected to be signed in February or March of this\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","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":596870,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/egypts-hyperone-to-invest-egp-5-bn-on-developing-new-existing-branches\/","url_meta":{"origin":638905,"position":4},"title":"Egypt\u2019s HyperOne to invest EGP 5 bn on developing new, existing branches","author":"enterpriseam admin","date":"10 July 2019","format":false,"excerpt":"INVESTMENT WATCH- HyperOne to invest EGP 5 bn on developing new and existing branches: Retail chain HyperOne will spend EGP 5 bn on new and existing branches \u201cin the coming period,\u201d regional legal advisor Mohamed Magdy Saleh told Amwal Al Ghad. 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