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B Investments’ unit finalizes acquisition of Egyptian IVF-ET Center

B Investments’ unit finalizes acquisition of Egyptian IVF-ET Center

Arab FinanceB Investments Holding (BINV) announced that its wholly-owned subsidiary B Healthcare Investments has completed the acquisition of 51% of the Egyptian IVF-ET Center’s total capital after obtaining the necessary regulatory approvals, according to a filing to the Egyptian Exchange (EGX) on June 28th.

The deal’s value is anticipated not to exceed EGP 126 million.

On December 6th, B Investments announced the establishment of B Investments Healthcare with an authorized capital of EGP 1 billion.

Established in 2006, B Investments is an Egypt-based private equity firm and growth capital investor that pulls a wealth of expertise to actively create value in its portfolio companies.

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