QInvest, the Qatar-based investment bank, has sold its stake in Asian Business Exhibitions and Conferences (ABEC), India's leading trade exhibition organiser.
It has sold its interest to ITE plc, the London-listed global trade exhibition organiser focused on emerging markets, QInvest said in a statement. No value was given for the deal.
ABEC runs 19 exhibitions across 11 vertical markets including architecture, design, construction, education, lifestyle, real estate and oil & gas.
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