Latest in Tag: B Investments Highlight
Latest in Tag: B Investments
B Investments to sell stake in Giza Systems to STC
Last April, the Board of Directors approved the binding offer from the Arabian Company to acquire the entire 44.7% stake of B Investments Holding through an indirect stake in Giza Systems.
Vodafone Egypt seeks to raise stakes in B Investments, Masary to 20%
Vodafone’s presence in the ownership structure enhances growth of both companies: B Investments
B Investments accepts offer to sell its entire stake in Giza Systems to STC Solutions
The offer values 100% of Giza Systems at an Enterprise Value of $145m.
B Investments aims to inject EGP 350m into food, beverages sector in 2022
B Investments recently exits TOTAL through put option
B Investments selects 4 sectors to invest EGP 200m each
Company might consider sale of stake or IPO transaction for Gourmet
B Investments to sell 20% of its stake in Total Egypt for EGP 146.6m
B Investments Holding has signed a contract to sell 20% of its stake in Total Egypt to Total France, for  EGP 146.4m.
B Investments establishes healthcare sector company
First deal worth EGP 150-200m to be executed before end of year
B investments’ net revenues increase by 42% in 2018
Company’s share profit in portfolio companies grew due to strong performance of MNHD, Giza Systems, Ebtikar, Gourmet Egypt
B Investments’ net profit records 50% increase in 9M18
Results revealed that company achieved net income margin of 79%
B Investments invests EGP 125m in Gourmet Group
The statement said that the transaction entails the acquisition of 40% of the share capital of Gourmet Group for cost of EGP 65m and a capital increase of up to EGP 60m, which will result in B Investments holding a 53% stake in Gourmet Group.
B Investments achieves net profits of EGP 112m in H1 2018, recording 21% y-o-y increase
Hazem Barakat, chairperson of B Investments, announced in a press statement on Wednesday that B Investments’ net profits grew by 21%, reaching EGP 112m in the first half (H1) of 2018, with a net profit margin of 83%. “The increase can be attributed to our active investment strategy, which contributed to the strong performance of …
B Investments mulls expansion as it starts trading on EGX amid investors’ interest
Company aims to use IPO proceedings in renewable energy, non-banking financial services