Wednesday 25 December 2024
 
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debt management

Investcorp acquires 3i’s debt management business

Bahrain-based alternative investment fund Investcorp said it has completed the acquisition and integration of “3iDM,” the debt management business of 3i Group. The business, now recognized as Investcorp Credit Manageme

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Investcorp to buy 3i's debt management business

Investcorp, a leading provider and manager of alternative investment products, said it has reached an agreement with UK-based 3i Group to acquire its debt management business, 3iDM, for £222 million ($271 million). Announcin

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Investcorp to buy 3i's debt management business

Investcorp, a leading provider and manager of alternative investment products, said it has reached an agreement with UK-based 3i Group to acquire its debt management business, 3iDM, for £222 million ($271 million). Announcin

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85pc UAE residents in debt says report

Around 85 percent of United Arab Emirates (UAE) residents are in debt with an average individual debt of Dh500,000 ($136,128), a report said. In terms of total debt by nationality in the UAE, residents from India and Philippines rank

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