Monday 12 September 2011

Abu Dhabi's Gulf Capital to exit two more investments - Maktoob News

Gulf Capital, an Abu Dhabi-based private equity firm, plans to exit two more investments in 2012 after selling its stake in Maritime Industrial Services to London-listed Lamprell Plc last month, its chief executive told Reuters.

"We are looking at two more exits over the course of next year. All options are open for it (exit)," Gulf Capital Chief Executive Karim el Solh said in an interview with Reuters on the sidelines of a private equity conference in Dubai.

"We may look at trade buyers, a financial sale or if the (initial public offering) market is robust, we may take that route too.''

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