top of page

Inside B Investments BHI

B investments signed an agreement with TSFE, " The sovereign Fund of Egypt," in which TSFE subfund for healthcare and pharmaceutical industries will invest EGP 100 mn in B Healthcare Investments S.A.E., a subsidiary of the leading Egyptian private equity B Investment Holding - BINV according to a disclosure sent to the EGX.


We reached BINV investor relations director Omar El Labban to tackle deep inside the deal and B Healthcare-BHI business, " it's a specialized healthcare company, and we are focused primarily on investing in specialized healthcare businesses in Egypt," Omar stated.


*Prices as of the closing prices of 24/01/2023 session



BHI's current focus is on fertility and mother and child sector, in which they acquired 51% of The Egyptian IVF Center (In vitro fertilisation (IVF) is one of several techniques available to help people with fertility problems have a baby. Source: NHS), BHI current investments stands at EGP 130 mn part of the EGP 200 mn BINV board agreed previously. BHI could consider other long-term specialized healthcare investments, such as oncology or dentistry.


TSFE agreement will enrich the total investments for BHI to EGP 300 mn and boost the platform investment strategy, a role that is considered one of the main TSFE to partnering with private sector key players to enhance the landscape for the private investments and facilitating the cooperation of different players at a focused investment.


In the short-term BINV board will decide the final investment size in which they will participate at TSFE Healthcare and Pharma Subfund, which comes as part of the Memorandum of understanding signed alongside the BHI agreement.



Disclaimer and Terms of Use


The data provided on any page at www.egvest.com aren't for any investment decision or taking any action of buy or sell of any asset or investments of any type; the information on this page has been obtained from sources that EGEVST believed to be reliable, we have not independently verified such information, and it may not be accurate or complete.

EGVEST.com published a delayed feed for the Egyptian stock exchange executed stocks and its leading indices through a previous contract with EGID "Egypt for Information Dissemination" the delayed feed is referred to below as "information."

The "information" displayed and published by EGVEST.com could lead to financial losses. It should be used on a personal and only personal responsibility. The "information" contains simplified mathematical calculations that clarify, simplify, and classify the "information" without using any financial valuation methods and don't represent any recommendation to buy, sell or hold financial assets.

















Comments


bottom of page