{"id":644714,"date":"2017-07-02T05:28:35","date_gmt":"2017-07-02T05:28:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/abraaj-planning-ipo-of-libstar\/"},"modified":"2017-07-02T05:28:35","modified_gmt":"2017-07-02T05:28:35","slug":"abraaj-planning-ipo-of-libstar","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/abraaj-planning-ipo-of-libstar\/","title":{"rendered":"Abraaj planning IPO of Libstar"},"content":{"rendered":"<p><strong>Abraaj Group is reportedly planning an IPO of South African food and personal care maker Libstar<\/strong>, which may value the firm at as much as USD 1 bn, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-06-22\/abraaj-said-to-plan-ipo-of-south-african-consumer-firm-libstar\">according to Bloomberg<\/a>. Abraaj has reportedly tapped JPMorgan Chase & Co. and Standard Bank to manage the IPO which it hopes would raise USD 300 mn. There is also talk of plans to list shares of Libstar in the London Stock Exchange, though no confirmation has come down from Abraaj on the IPO. The emerging markets private equity firm had acquired Libstar three years ago.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Abraaj Group is reportedly planning an IPO of South African food and personal care maker Libstar, which may value the firm at as much as USD 1 bn, according to Bloomberg. Abraaj has reportedly tapped JPMorgan Chase &#038; Co. and Standard Bank to manage the IPO which it hopes would raise USD 300 mn. There [&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-644714","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"bea432af-b8ae-42fe-96d4-b6537fac2657","order":"0","is_powered_by":true,"section_story_id":"085163a9-1c23-4af7-bcc4-085b67c98c7a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[644695],"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>Abraaj planning IPO of Libstar - 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\/07\/02\/abraaj-planning-ipo-of-libstar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Abraaj planning IPO of Libstar\" \/>\n<meta property=\"og:description\" content=\"Abraaj Group is reportedly planning an IPO of South African food and personal care maker Libstar, which may value the firm at as much as USD 1 bn, according to Bloomberg. Abraaj has reportedly tapped JPMorgan Chase &amp; Co. and Standard Bank to manage the IPO which it hopes would raise USD 300 mn. There [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/abraaj-planning-ipo-of-libstar\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-02T05:28:35+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\/07\/02\/abraaj-planning-ipo-of-libstar\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/abraaj-planning-ipo-of-libstar\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Abraaj planning IPO of Libstar\",\"datePublished\":\"2017-07-02T05:28:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/abraaj-planning-ipo-of-libstar\/\"},\"wordCount\":95,\"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\/07\/02\/abraaj-planning-ipo-of-libstar\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/abraaj-planning-ipo-of-libstar\/\",\"name\":\"Abraaj planning IPO of Libstar - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-07-02T05:28:35+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/abraaj-planning-ipo-of-libstar\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/abraaj-planning-ipo-of-libstar\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/abraaj-planning-ipo-of-libstar\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Abraaj planning IPO of Libstar\"}]},{\"@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":"Abraaj planning IPO of Libstar - 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\/07\/02\/abraaj-planning-ipo-of-libstar\/","og_locale":"en_US","og_type":"article","og_title":"Abraaj planning IPO of Libstar","og_description":"Abraaj Group is reportedly planning an IPO of South African food and personal care maker Libstar, which may value the firm at as much as USD 1 bn, according to Bloomberg. 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Abraaj, which\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":594966,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/12\/actis-takes-over-two-more-abraaj-buyout-funds-in-africa-and-southeast-asia\/","url_meta":{"origin":644714,"position":2},"title":"Actis takes over two more Abraaj buyout funds in Africa and Southeast Asia","author":"enterpriseam admin","date":"12 September 2019","format":false,"excerpt":"Actis takes over two more Abraaj buyout funds: Actis has reached an agreement to take over the management of two more buyout funds raised by defunct private equity giant Abraaj, according to the Wall Street Journal. A document written by Abraaj\u2019s liquidators shows that the firm was removed from managing\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":598650,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/30\/abraaj-founder-arif-naqvi-freed-from-prison-after-paying-usd-19-mn-conditional-bail\/","url_meta":{"origin":644714,"position":3},"title":"Abraaj founder Arif Naqvi freed from prison after paying USD 19 mn conditional bail","author":"enterpriseam admin","date":"30 May 2019","format":false,"excerpt":"Abraaj founder Arif Naqvi freed from prison after paying USD 19 mn conditional bail: Private equity firm Abraaj founder Arif Naqvi was released from prison in the UK on Tuesday evening, after his record GBP 15 mn (USD 19 mn) bail payment was paid, Bloomberg reports. 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