Monday 20 February 2012

Abraaj buys Aureos: but for how much? | beyondbrics | News and views on emerging markets from the Financial Times – FT.com

You can know a lot about a deal and still not know what really matters.

Abraaj Capital, the biggest private equity investor in the Middle East, proudly announced on Monday that it was planning to buy Aureos Capital, the London-based emerging markets specialist PE investor.

But both sides declined to give financial details for the acquisition. This is a pity since the transaction could raise eyebrows in British political circles. UK taxpayers, who used to own Aureos, have every reason to be interested in the sale price.

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