Warburg Pincus, General Atlantic in talks to invest in UAE payments firm | Reuters:
"Private equity firms Warburg Pincus and General Atlantic are expected to announce a joint deal this week to invest in United Arab Emirates-based payments provider Network International, according to sources.
One of the sources said the stake would be purchased from Abraaj Group, which holds a 49 percent stake in the company.
Private equity firm Abraaj hired investment bank Moelis & Co to advise it on options for selling its stake in the company, either though a private sale or stock market listing, Reuters reported in September."
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