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Thursday, 28 July 2016

Mubadala to buy 20 per cent stake in Bahrain’s Investcorp | GulfNews.com

Mubadala to buy 20 per cent stake in Bahrain’s Investcorp | GulfNews.com:

"Mubadala Development Company will be buying a 20 per cent stake in Bahrain-based alternative investment firm Investcorp, the two companies said in a joint statement on Thursday.

The two-step transaction sees Mubadala acquire a 9.99 per cent ownership stake immediately, with a further 10.01 per cent following necessary regulatory approvals, the companies said.

Mubadala did not divulge the value of the deal when contacted by Gulf News."



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