Shuaa in $52m deal to buy Orion stake
Dubai, February 12, 2008
Dubai-based investment bank Shuaa Capital said it had agreed to buy 20 per cent of UAE-based Orion Holding, a brokerage technology and services firm, in a Dh193 million ($52.56 million) deal.
The deal also involves acquiring controlling stakes in five Orion Brokers subsidiaries, Shuaa Capital said in a statement.-Reuters
