Gulf Capital hires Rothschild to advise on overseas share issue | The National:
"Abu Dhabi’s Gulf Capital said on Monday it has hired an investment bank to advise it on a renewed attempt to issue shares in oil and gas services firm, Gulf Marine, on an overseas stock exchange.
The private equity firm, which owns 79 per cent of the Middle East’s largest operator of jack-up barges, tried to sell the business last year for more than US$500 million but talks collapsed due to financing issues and differences over its valuation.
Since then Gulf Capital has been preparing Gulf Marine Services - one of the biggest assets in its portfolio - for an initial public offering in a major stock exchange such as London or Singapore."
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