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Abraaj Fund gets $1bn bid from equity firm ActisUAE-based Abraaj Group’s fund unit, which managed about $14 billion at its peak and was one of the most influential emerging market investors, received a bid from private equity firm Actis for $1 billion, said a report. &nbs More… |
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Three Gulf equity firms eye stake in Saudi lab firmThree Gulf-based private equity firms are competing to acquire a minority stake in Saudi Arabia's Al Borg Medical Laboratories, sources aware of the matter said on Monday. The Gulf region's fast-growing healthcare sector h More… |
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Three Gulf equity firms eye stake in Saudi lab firmThree Gulf-based private equity firms are competing to acquire a minority stake in Saudi Arabia's Al Borg Medical Laboratories, sources aware of the matter said on Monday. The Gulf region's fast-growing healthcare sector h More… |
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Equity firm CVC Capital eyes $700m Mena dealsEuropean private equity firm CVC Capital Partners is looking for deals in the Middle East and North Africa (Mena) with a price tag around $700 million, its co-chairman said. However, Steve Koltes declined to comment on a potential More… |
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Egypt regulator rejects Citadel planEgypt's regulator has rejected a request by Citadel Capital to raise its capital, citing reasons that included the failure of the private equity firm to give adequate justification, it said in a letter. The regulator's letter, obta More… |
