Mar 27, 2013 | Deals, MENA
Concept Overview: The Company is an online shopping mall offering daily sales on top-quality apparel and other products for moms, babies and children. Management: The management team of the company has extensive experience and strategic contacts with the strategic...
Mar 19, 2013 | MENA, News, Western Europe
LONDON, March 18 (Reuters) – Bahrain-based private equity firm Investcorp’s sale of Armacell is under threat as bids for the German insulation firm are due to come in lower than its 500 million euro ($653.30 million) price tag, bankers said on Monday....
Mar 14, 2013 | Africa, MENA, News
Summit Partners has invested a reported $26 million (€20million) in Egypt-based e-commerce company Jumia. The investor is understood to be taking a stake in the company through a German-based holding company. The funds are expected to be used to accelerate the...
Mar 9, 2013 | France, MENA, News, Western Europe
PARIS, March 8 | Fri Mar 8, 2013 (Reuters) – Veolia Environnement has agreed to sell its Moroccan water, wastewater and electricity services operated by concession companies Redal and Amendis to investment fund Actis in a deal worth around 370 million euros...
Feb 18, 2013 | MENA, News, Western Europe
DUBAI, Feb 18 (Reuters) – Bahrain-based investment manager Investcorp has bought a controlling stake in Scotland-based oil field services provider Hydrasun, taking its $1 billion Gulf Opportunity Fund closer to full deployment. Investcorp has been selling assets...
Oct 13, 2012 | MENA, News
Reuters 11 October 2012 Abu Dhabi’s sovereign wealth fund Aabar sold its remaining 3.07 percent stake in Daimler worth about 1.25 billion euros ($1.6 billion) on Oct. 5, the German carmaker said in a regulatory filing on Thursday. The move, widely expected for...