{"id":647100,"date":"2017-05-02T04:00:44","date_gmt":"2017-05-02T04:00:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/winvest-sells-majority-stake-in-seven-sky-for-egp-40-mn\/"},"modified":"2017-05-02T04:00:44","modified_gmt":"2017-05-02T04:00:44","slug":"winvest-sells-majority-stake-in-seven-sky-for-egp-40-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/winvest-sells-majority-stake-in-seven-sky-for-egp-40-mn\/","title":{"rendered":"Winvest sells majority stake in Seven Sky for EGP 40 mn"},"content":{"rendered":"<p>Winvest Capital for Development and Investment (WCDI) has completed its exit from food producer <a href=\"http:\/\/www.sevensky-kenzy.com\/about.php\">Seven Sky<\/a>, the owner of the Kenzy brand, according to <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=331930\">Al Mal<\/a>. A consortium of businessmen, led by Seven Sky\u2019s Chairman Sherif Ghaly purchased WCDI\u2019s 51% stake for EGP 40 mn. WCDI had <a href=\"https:\/\/english.mubasher.info\/news\/2587806\/Winvest-raises-shareholding-in-Seven-Sky-to-51-\">increased<\/a> its stake in Seven Sky to 51% from 20% through a capital increase in 2014. The company says its return on investment since the capital increase was 25%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Winvest Capital for Development and Investment (WCDI) has completed its exit from food producer Seven Sky, the owner of the Kenzy brand, according to Al Mal. A consortium of businessmen, led by Seven Sky\u2019s Chairman Sherif Ghaly purchased WCDI\u2019s 51% stake for EGP 40 mn. WCDI had increased its stake in Seven Sky to 51% [&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":[9309],"tags":[2416,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647100","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"055e9653-1c3d-44ae-89ec-031f1488de89","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[647069],"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>Winvest sells majority stake in Seven Sky for EGP 40 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\/05\/02\/winvest-sells-majority-stake-in-seven-sky-for-egp-40-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Winvest sells majority stake in Seven Sky for EGP 40 mn\" \/>\n<meta property=\"og:description\" content=\"Winvest Capital for Development and Investment (WCDI) has completed its exit from food producer Seven Sky, the owner of the Kenzy brand, according to Al Mal. A consortium of businessmen, led by Seven Sky\u2019s Chairman Sherif Ghaly purchased WCDI\u2019s 51% stake for EGP 40 mn. WCDI had increased its stake in Seven Sky to 51% [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/winvest-sells-majority-stake-in-seven-sky-for-egp-40-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-02T04:00:44+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\/05\/02\/winvest-sells-majority-stake-in-seven-sky-for-egp-40-mn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/winvest-sells-majority-stake-in-seven-sky-for-egp-40-mn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Winvest sells majority stake in Seven Sky for EGP 40 mn\",\"datePublished\":\"2017-05-02T04:00:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/winvest-sells-majority-stake-in-seven-sky-for-egp-40-mn\/\"},\"wordCount\":82,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"EnterpriseAM\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/winvest-sells-majority-stake-in-seven-sky-for-egp-40-mn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/winvest-sells-majority-stake-in-seven-sky-for-egp-40-mn\/\",\"name\":\"Winvest sells majority stake in Seven Sky for EGP 40 mn - 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