Monday 21 January 2019

Investcorp sells UK-based online payments firm

Bahrain-based Investcorp has agreed to sell a majority stake in British online payments services firm Skrill Group to private equity group CVC Capital Partners for 600 million euros ($800 million). As part of the deal Investcorp w


Bankers back Investcorp unit sale

Bankers are putting together around £300 million ($456.16 million) in debt financing to back a potential sale of Bahrain-based Investcorp's UK online payments services firm Skrill, banking sources said. Investcorp Techno


Investcorp unit buys Austrian online firm

Investcorp, a Bahrain-based investment firm, said on Sunday its online portfolio unit Skrill bought Austrian firm for up to 140 million euros ($177.67 million), betting on growth in online retail sector. Paysafecard provide

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