{"id":645751,"date":"2017-07-30T03:55:22","date_gmt":"2017-07-30T03:55:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/cib-sells-3-45-stake-in-ci-capital-for-egp-44-9-mn\/"},"modified":"2017-07-30T03:55:22","modified_gmt":"2017-07-30T03:55:22","slug":"cib-sells-3-45-stake-in-ci-capital-for-egp-44-9-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/cib-sells-3-45-stake-in-ci-capital-for-egp-44-9-mn\/","title":{"rendered":"CIB sells 3.45% stake in CI Capital for EGP 44.9 mn"},"content":{"rendered":"

<\/a> CIB sells 3.45% stake of CI Capital: <\/strong>CIB announced on Thursday the sale of 3.45% of its stake in CI Capital in a EGP 44.9 mn transaction<\/strong>, Reuters reports<\/a>. The sale reduces CIB\u2019s total stake in CI Capital to around 10%, as the bank had also sold 9.99% of its shares in the former subsidiary earlier this month.<\/a> CIB sold a 74.75% stake in the investment bank to a group of investors last March<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

CIB sells 3.45% stake of CI Capital: CIB announced on Thursday the sale of 3.45% of its stake in CI Capital in a EGP 44.9 mn transaction, Reuters reports. The sale reduces CIB\u2019s total stake in CI Capital to around 10%, as the bank had also sold 9.99% of its shares in the former subsidiary […]<\/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-645751","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"cf31da1b-d789-49ee-9922-034fc25bcefd","order":"0","is_powered_by":true,"section_story_id":"bff3d6ca-fab8-437e-95ea-89c761aac838","story_type":"1","photo_url":"","photo_position":"above","related_issue":[645742],"teaser":"","voice_url":""},"yoast_head":"\nCIB sells 3.45% stake in CI Capital for EGP 44.9 mn - 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\/30\/cib-sells-3-45-stake-in-ci-capital-for-egp-44-9-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CIB sells 3.45% stake in CI Capital for EGP 44.9 mn\" \/>\n<meta property=\"og:description\" content=\"CIB sells 3.45% stake of CI Capital: CIB announced on Thursday the sale of 3.45% of its stake in CI Capital in a EGP 44.9 mn transaction, Reuters reports. The sale reduces CIB\u2019s total stake in CI Capital to around 10%, as the bank had also sold 9.99% of its shares in the former subsidiary […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/cib-sells-3-45-stake-in-ci-capital-for-egp-44-9-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-30T03:55:22+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\/30\/cib-sells-3-45-stake-in-ci-capital-for-egp-44-9-mn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/cib-sells-3-45-stake-in-ci-capital-for-egp-44-9-mn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CIB sells 3.45% stake in CI Capital for EGP 44.9 mn\",\"datePublished\":\"2017-07-30T03:55:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/cib-sells-3-45-stake-in-ci-capital-for-egp-44-9-mn\/\"},\"wordCount\":78,\"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\/30\/cib-sells-3-45-stake-in-ci-capital-for-egp-44-9-mn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/cib-sells-3-45-stake-in-ci-capital-for-egp-44-9-mn\/\",\"name\":\"CIB sells 3.45% stake in CI Capital for EGP 44.9 mn - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-07-30T03:55:22+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/cib-sells-3-45-stake-in-ci-capital-for-egp-44-9-mn\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/cib-sells-3-45-stake-in-ci-capital-for-egp-44-9-mn\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/cib-sells-3-45-stake-in-ci-capital-for-egp-44-9-mn\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CIB sells 3.45% stake in CI Capital for EGP 44.9 mn\"}]},{\"@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":"CIB sells 3.45% stake in CI Capital for EGP 44.9 mn - 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\/30\/cib-sells-3-45-stake-in-ci-capital-for-egp-44-9-mn\/","og_locale":"en_US","og_type":"article","og_title":"CIB sells 3.45% stake in CI Capital for EGP 44.9 mn","og_description":"CIB sells 3.45% stake of CI Capital: CIB announced on Thursday the sale of 3.45% of its stake in CI Capital in a EGP 44.9 mn transaction, Reuters reports. 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Arafa held a 1.88% stake before the last sale. Arafa initially bought a 9.9% stake from CIB\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":647579,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/cib-agrees-to-sell-13-7-stake-in-ci-capital\/","url_meta":{"origin":645751,"position":1},"title":"CIB agrees to sell 13.7% stake in CI Capital","author":"enterpriseam admin","date":"15 May 2017","format":false,"excerpt":"CIB has agreed to sell a 13.7% stake in CI Capital, CI Capital CEO Mahmoud Attalla said yesterday, according to Reuters. Attalla said agreements were reached to sell 10% to one local investor and 3.7% to another, without naming either of the buyers. CIB had completed the sale of 74.75%\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":650301,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/21\/cib-completes-sale-of-74-75-of-ci-capital-el-monayer-says-stamp-duty-to-be-levied-on-mas\/","url_meta":{"origin":645751,"position":2},"title":"CIB completes sale of 74.75% of CI Capital, El Monayer says stamp duty to be levied on M&As","author":"enterpriseam admin","date":"21 March 2017","format":false,"excerpt":"CI Capital is off CIB\u2019s books: CIB announced it has executed the transfer of 74.75% of subsidiary CI Capital\u2019s shares to a consortium of investors and to CI Capital\u2019s management successfully for EGP 710.16 mn, according to a regulatory filing. 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Sources at Solid Capital, a newcomer to the industry that has won extensive coverage from Al Borsa and Al Mal, tell the domestic press the outfit has made an EGP 142.5 mn bid to acquire a 15% stake in\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":573678,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/13\/banque-misr-raises-its-stake-in-ci-capital-to-15-12\/","url_meta":{"origin":645751,"position":4},"title":"Banque Misr raises its stake in CI Capital to 15.12%","author":"enterpriseam admin","date":"13 August 2020","format":false,"excerpt":"M&A WATCH- Banque Misr has increased its stake in CI Capital Holding to 15.12% from 13.72%, according to a disclosure to the EGX (pdf). The state-owned bank purchased some 14 mn shares for EGP 58.11 mn at EGP 4.14 per share. Banque Misr is the largest shareholder in the financial\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":544868,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/24\/adq-is-buying-a-lot\/","url_meta":{"origin":645751,"position":5},"title":"ADQ is buying \u2026 a lot","author":"enterpriseam admin","date":"24 March 2022","format":false,"excerpt":"Abu Dhabi wealth fund ADQ is acquiring state-held stakes in Abu Qir Fertilizers, Mopco, and Alexandria Container & Cargo Handling, Bloomberg reports, citing a source it says has knowledge of the matter. 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