{"id":648846,"date":"2017-04-13T03:58:48","date_gmt":"2017-04-13T03:58:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/13\/efg-hermes-concludes-advisory-on-sale-of-stakes-in-humansoft-and-edita\/"},"modified":"2017-04-13T03:58:48","modified_gmt":"2017-04-13T03:58:48","slug":"efg-hermes-concludes-advisory-on-sale-of-stakes-in-humansoft-and-edita","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/13\/efg-hermes-concludes-advisory-on-sale-of-stakes-in-humansoft-and-edita\/","title":{"rendered":"EFG Hermes concludes advisory on sale of stakes in Humansoft and Edita"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>EFG Hermes concludes advisory on sale of stakes in Humansoft and Edita: <\/strong>EFG Hermes <a href=\"https:\/\/www.efghermes.com\/en\/News\/Pages\/Corporate-News-Details.aspx?wurl=\/en\/News&lid=64f7e8df-e76b-42cf-9180-30f24b4b9ed1&vid=9310a3fc-11e6-4145-927d-c49e5a218ddf&iid=358\">said in a statement yesterday<\/a> that it has successfully concluded its advisory on two high-profile secondary stake sales, one for the GCC\u2019s largest tertiary education company and the other for Egypt\u2019s largest snack food player, Edita Food Industries. EFG Hermes acted as joint bookrunner with Citi for Al Imtiaz Investment Group\u2019s USD 120 mn sale of a 10% stake in Kuwait\u2019s <a href=\"http:\/\/www.human-soft.com\/\">Humansoft<\/a> to institutional investors by way of an accelerated bookbuilding process. The firm also co-managed with CI Capital an accelerated bookbuilding process for the sale of Actis\u2019 remaining 7.5% shareholding in Edita for EGP 898 mn, also to a group of high-profile international institutional investors. <a href=\"http:\/\/www.act.is\/news\/actis-exits-edita-following-a-successful-four-year-partnership\/\">Actis had a nice statement out on its exit of Edita<\/a> earlier this week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EFG Hermes concludes advisory on sale of stakes in Humansoft and Edita: EFG Hermes said in a statement yesterday that it has successfully concluded its advisory on two high-profile secondary stake sales, one for the GCC\u2019s largest tertiary education company and the other for Egypt\u2019s largest snack food player, Edita Food Industries. EFG Hermes acted [&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-648846","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"52fd07bf-fb70-4a43-89ca-42d0d71d6925","order":"0","is_powered_by":true,"section_story_id":"281790c9-9d46-4ca0-9091-b4888d165777","story_type":"1","photo_url":"","photo_position":"above","related_issue":[648834],"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>EFG Hermes concludes advisory on sale of stakes in Humansoft and Edita - 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\/04\/13\/efg-hermes-concludes-advisory-on-sale-of-stakes-in-humansoft-and-edita\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EFG Hermes concludes advisory on sale of stakes in Humansoft and Edita\" \/>\n<meta property=\"og:description\" content=\"EFG Hermes concludes advisory on sale of stakes in Humansoft and Edita: EFG Hermes said in a statement yesterday that it has successfully concluded its advisory on two high-profile secondary stake sales, one for the GCC\u2019s largest tertiary education company and the other for Egypt\u2019s largest snack food player, Edita Food Industries. 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The USD 226 mn transaction saw Al Othman\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":650392,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/22\/citigroup-efg-hermes-consultants-for-al-imtiaz-sale-of-10-of-humansoft\/","url_meta":{"origin":648846,"position":1},"title":"Citigroup, EFG Hermes consultants for Al Imtiaz sale of 10% of Humansoft","author":"enterpriseam admin","date":"22 March 2017","format":false,"excerpt":"Citigroup Global Markets Limited and EFG-Hermes UAE Limited were tapped by Kuwait\u2019s Al Imtiaz Investment Group as consultants to sell a minimum stake of 10% in Kuwait-based Humansoft Holding company, Al Borsa reports. Al Imtiaz owns 20.17% in Humansoft\u2019s shares.","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":581537,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/ripplewood-flips-big-part-of-its-efg-hermes-stake-to-chimera-others\/","url_meta":{"origin":648846,"position":2},"title":"Ripplewood flips big part of its EFG Hermes stake to Chimera, others","author":"enterpriseam admin","date":"15 February 2023","format":false,"excerpt":"Collins and Ripplewood are long-time investors in Egypt","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570245,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/24\/efg-concludes-advising-on-ipo-of-saudi-healthcare-company-sulaiman-al-habib\/","url_meta":{"origin":648846,"position":3},"title":"EFG concludes advising on IPO of Saudi healthcare company Sulaiman Al Habib","author":"enterpriseam admin","date":"24 March 2020","format":false,"excerpt":"EFG concludes advisory on IPO of Saudi healthcare company Sulaiman Al Habib: Our friends at EFG Hermes acted as joint bookrunner on a USD 700 mn initial public offering by Dr. Sulaiman Al Habib Medical Group on the Saudi stock exchange, it said in a statement. Shares in the company\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":650512,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/efg-hermes-concludes-advisory-on-emirates-nbd-reits-listing-on-nasdaq-dubai\/","url_meta":{"origin":648846,"position":4},"title":"EFG Hermes concludes advisory on Emirates NBD REIT\u2019s listing on Nasdaq Dubai","author":"enterpriseam admin","date":"26 March 2017","format":false,"excerpt":"EFG Hermes successfully concluded on Thursday its advisory on Emirates NBD REIT\u2019s USD 105 mn IPO on Nasdaq Dubai. The transaction included an offering of ordinary shares outside the US to institutional investors, the investment bank said in an emailed statement. EFG Hermes was joint global coordinator and bookrunner on\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627250,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/26\/correction-13\/","url_meta":{"origin":648846,"position":5},"title":"Correction","author":"enterpriseam admin","date":"26 July 2018","format":false,"excerpt":"CORRECTION- We incorrectly referred to Humansoft Holding\u2019s USD 226 mn secondary offering on the Kuwait Stock Exchange, which was successfully concluded in record time by sole sellside bookrunner and financial advisor EFG Hermes, as an IPO. We apologies for the mistake and the story has since been corrected on 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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/648846","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=648846"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/648846\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/648834"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=648846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=648846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=648846"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=648846"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=648846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}