{"id":213254,"date":"2025-11-11T13:13:58","date_gmt":"2025-11-11T11:13:58","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/north-africa\/egypt\/egypt-wafa-assurance-completes-acquisition-of-delta-insurance-in-egypt\/"},"modified":"2025-11-11T13:13:58","modified_gmt":"2025-11-11T11:13:58","slug":"egypt-wafa-assurance-completes-acquisition-of-delta-insurance-in-egypt","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/north-africa\/egypt\/egypt-wafa-assurance-completes-acquisition-of-delta-insurance-in-egypt\/","title":{"rendered":"Egypt: Wafa Assurance Completes Acquisition of Delta Insurance in Egypt"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"58\">Morocco&#8217;s listed insurer Wafa Assurance (BVC: WAA), a subsidiary of Attijariwafa Bank (BVC: ATW), has finalised the purchase of a 63.4 percent stake in Egypt&#8217;s listed insurer Delta Insurance (EGX: DEIN) from Egypt Kuwait Holding (EKH). The deal is valued at about $67 million, following a mandatory tender offer at EGP 40 per share launched in June 2025.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"31\">Upon closing, Wafa Assurance plans to delist Delta Insurance from the Cairo Stock Exchange and merge Delta&#8217;s life-insurance arm into its existing&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202511110015.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 North Africa <a title=\"Egypt\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/north-africa\/egypt\/\">Egypt<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Morocco&#8217;s listed insurer Wafa Assurance (BVC: WAA), a subsidiary of Attijariwafa Bank (BVC: ATW), has finalised the purchase of a 63.4 percent stake in Egypt&#8217;s listed insurer Delta Insurance (EGX: DEIN) from Egypt Kuwait Holding (EKH). The deal is valued at about $67 million, following a mandatory tender offer at EGP 40 per share launched [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":213255,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[338],"tags":[16214,258,256,15429,6222,7929,4697,415,5980,257,254,7629],"class_list":["post-213254","post","type-post","status-publish","format-standard","has-post-thumbnail","category-egypt","tag-acquisition","tag-africa","tag-africa-news","tag-assurance","tag-completes","tag-delta","tag-egypt","tag-egypt-news","tag-insurance","tag-news","tag-south-africa-today","tag-wafa"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/213254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=213254"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/213254\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/213255"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=213254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=213254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=213254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}