{"id":325695,"date":"2022-06-20T15:09:46","date_gmt":"2022-06-20T15:09:46","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=325695"},"modified":"2022-06-20T15:09:46","modified_gmt":"2022-06-20T15:09:46","slug":"saudi-al-hokair-acquires-5-of-valus-shares","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/","title":{"rendered":"Saudi Al Hokair acquires 5% of ValU&#8217;s shares"},"content":{"rendered":"<p>EFG Hermes\u2019 subsidiary, ValU , announced that Al Hokair family has reached an agreement to purchase a 4.99 percent stake in Valeo for $12.4 million, bringing the company\u2019s valuation to $247.4 million.<\/p>\n<p>Fawaz Abdulaziz Al Hokair, Salman Abdulaziz Al Hokair and Abdul Majeed Abdulaziz Al Hokair have signed the agreement.<\/p>\n<p>After the completion of obtaining regulatory approvals and ensuring that the agreed terms are met, this deal will be the first investment by the Saudi Al Hokair in one of the Egyptian buy now and pay later (BNPL) platforms.<\/p>\n<p>The agreement comes in the wake of ValU&#8217;s announcement of entering the Saudi market through the agreement it signed last week to establish FAS Finance, a joint venture in cooperation with FAS Labs, which owns 65 percent of the company, while ValU owns the remaining 35 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EFG Hermes\u2019 subsidiary, ValU , announced that Al Hokair family has reached an agreement to purchase a 4.99 percent stake in Valeo for $12.4 million, bringing the company\u2019s valuation to $247.4 million.<\/p>\n","protected":false},"author":2,"featured_media":323744,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[31,33],"tags":[238],"class_list":["post-325695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-products","category-main","tag-valu"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Saudi Al Hokair acquires 5% of ValU&#039;s shares - egy-africa<\/title>\n<meta name=\"description\" content=\"EFG Hermes\u2019 subsidiary, ValU , announced that Al Hokair family has reached an agreement to purchase a 4.99 percent stake in Valeo for $12.4 million, bringing the company\u2019s valuation to $247.4 million.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi Al Hokair acquires 5% of ValU&#039;s shares - egy-africa\" \/>\n<meta property=\"og:description\" content=\"EFG Hermes\u2019 subsidiary, ValU , announced that Al Hokair family has reached an agreement to purchase a 4.99 percent stake in Valeo for $12.4 million, bringing the company\u2019s valuation to $247.4 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/\" \/>\n<meta property=\"og:site_name\" content=\"egy-africa\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-20T15:09:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/10\/valu-1-768x430-1.png?fit=768%2C430&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"768\" \/>\n\t<meta property=\"og:image:height\" content=\"430\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"FGY TEAM\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"FGY TEAM\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/\",\"url\":\"https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/\",\"name\":\"Saudi Al Hokair acquires 5% of ValU's shares - egy-africa\",\"isPartOf\":{\"@id\":\"https:\/\/egy-africa.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/10\/valu-1-768x430-1.png?fit=768%2C430&ssl=1\",\"datePublished\":\"2022-06-20T15:09:46+00:00\",\"dateModified\":\"2022-06-20T15:09:46+00:00\",\"author\":{\"@id\":\"https:\/\/egy-africa.com\/en\/#\/schema\/person\/766449568f62e1fb3bb25b041186d203\"},\"description\":\"EFG Hermes\u2019 subsidiary, ValU , announced that Al Hokair family has reached an agreement to purchase a 4.99 percent stake in Valeo for $12.4 million, bringing the company\u2019s valuation to $247.4 million.\",\"breadcrumb\":{\"@id\":\"https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/10\/valu-1-768x430-1.png?fit=768%2C430&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/10\/valu-1-768x430-1.png?fit=768%2C430&ssl=1\",\"width\":768,\"height\":430},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/egy-africa.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Saudi Al Hokair acquires 5% of ValU&#8217;s shares\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/egy-africa.com\/en\/#website\",\"url\":\"https:\/\/egy-africa.com\/en\/\",\"name\":\"egy-africa\",\"description\":\"Just another WordPress site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/egy-africa.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/egy-africa.com\/en\/#\/schema\/person\/766449568f62e1fb3bb25b041186d203\",\"name\":\"FGY TEAM\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/egy-africa.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6e82bb52c7fb4184d4805af7ec868b48?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/6e82bb52c7fb4184d4805af7ec868b48?s=96&d=mm&r=g\",\"caption\":\"FGY TEAM\"},\"sameAs\":[\"mohamed nour\"],\"url\":\"https:\/\/egy-africa.com\/en\/author\/egy-team\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Saudi Al Hokair acquires 5% of ValU's shares - egy-africa","description":"EFG Hermes\u2019 subsidiary, ValU , announced that Al Hokair family has reached an agreement to purchase a 4.99 percent stake in Valeo for $12.4 million, bringing the company\u2019s valuation to $247.4 million.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/","og_locale":"en_US","og_type":"article","og_title":"Saudi Al Hokair acquires 5% of ValU's shares - egy-africa","og_description":"EFG Hermes\u2019 subsidiary, ValU , announced that Al Hokair family has reached an agreement to purchase a 4.99 percent stake in Valeo for $12.4 million, bringing the company\u2019s valuation to $247.4 million.","og_url":"https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/","og_site_name":"egy-africa","article_published_time":"2022-06-20T15:09:46+00:00","og_image":[{"width":768,"height":430,"url":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/10\/valu-1-768x430-1.png?fit=768%2C430&ssl=1","type":"image\/png"}],"author":"FGY TEAM","twitter_card":"summary_large_image","twitter_misc":{"Written by":"FGY TEAM","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/","url":"https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/","name":"Saudi Al Hokair acquires 5% of ValU's shares - egy-africa","isPartOf":{"@id":"https:\/\/egy-africa.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/#primaryimage"},"image":{"@id":"https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/10\/valu-1-768x430-1.png?fit=768%2C430&ssl=1","datePublished":"2022-06-20T15:09:46+00:00","dateModified":"2022-06-20T15:09:46+00:00","author":{"@id":"https:\/\/egy-africa.com\/en\/#\/schema\/person\/766449568f62e1fb3bb25b041186d203"},"description":"EFG Hermes\u2019 subsidiary, ValU , announced that Al Hokair family has reached an agreement to purchase a 4.99 percent stake in Valeo for $12.4 million, bringing the company\u2019s valuation to $247.4 million.","breadcrumb":{"@id":"https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/#primaryimage","url":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/10\/valu-1-768x430-1.png?fit=768%2C430&ssl=1","contentUrl":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/10\/valu-1-768x430-1.png?fit=768%2C430&ssl=1","width":768,"height":430},{"@type":"BreadcrumbList","@id":"https:\/\/egy-africa.com\/en\/2022\/06\/20\/saudi-al-hokair-acquires-5-of-valus-shares\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/egy-africa.com\/en\/"},{"@type":"ListItem","position":2,"name":"Saudi Al Hokair acquires 5% of ValU&#8217;s shares"}]},{"@type":"WebSite","@id":"https:\/\/egy-africa.com\/en\/#website","url":"https:\/\/egy-africa.com\/en\/","name":"egy-africa","description":"Just another WordPress site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/egy-africa.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/egy-africa.com\/en\/#\/schema\/person\/766449568f62e1fb3bb25b041186d203","name":"FGY TEAM","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/egy-africa.com\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/6e82bb52c7fb4184d4805af7ec868b48?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6e82bb52c7fb4184d4805af7ec868b48?s=96&d=mm&r=g","caption":"FGY TEAM"},"sameAs":["mohamed nour"],"url":"https:\/\/egy-africa.com\/en\/author\/egy-team\/"}]}},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/10\/valu-1-768x430-1.png?fit=768%2C430&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pcF3XZ-1mJ9","_links":{"self":[{"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/posts\/325695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/comments?post=325695"}],"version-history":[{"count":1,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/posts\/325695\/revisions"}],"predecessor-version":[{"id":325696,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/posts\/325695\/revisions\/325696"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/media\/323744"}],"wp:attachment":[{"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/media?parent=325695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/categories?post=325695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/tags?post=325695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}