Mubadala Capital, the financial investment arm of Mubadala Development Company, today announced a private equity transaction worth $2.5 billion with Ardian, an independent private investment company.
Ardian has committed $2
The Mena private equity industry (PE) is poised for significant growth led by the GCC’s six member states in light of intensified Mena-wide economic diversification and development efforts, a report said.
This was the key fi
Lebanon-based EuroMena, a private equity fund, has announced the second and final closing of its third fund EuroMena III for a total consideration of $150 million.
EuroMena attracted first-time international investors to its third
Three 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 Arab region's fast-growing healthcare sec
Chevron Corp has signed an agreement to sell its Hawaii refinery to private equity firm One Rock Capital Partners, ending a more-than six year quest to sell an asset not considered core to its business.
Terms of the deal were not
Last year was a very encouraging year for private equity (PE) in the Mena region with a growing volume of larger deals, notably in the retail and consumer goods, healthcare, and education sectors, an industry expert said.
Printing services company Lexmark International is considering the possibility of divesting its hardware and software assets separately to revive interest in its sale process, according to people familiar with the matter.
Dubai-based private equity firm Abraaj Group is to close its office in Saudi Arabia, two sources familiar with the matter told Reuters on Tuesday.
One of the sources, a private equity-focused lawyer, said the office had become obs
Private equity fundraising in the Middle East may see a hit as private investors rein in spending due to economic conditions in the oil-dependent region, a partner in The Abraaj Group told the Reuters Middle East Investment Summit.
More than 250 private equity and venture capital professionals and stakeholders from across the world attended the Mena Private Equity and Venture Capital Summit yesterday (October 25) in Riyadh, Saudi Arabia.
Prince Dr Turki bin