Monday, 7 May 2018

Dubai's Abraaj to sell Middlesex University in Dubai-sources | Reuters

Dubai's Abraaj to sell Middlesex University in Dubai-sources | Reuters:

"Dubai’s Abraaj, the private equity firm rocked by a dispute with some investors over how it used their money, is in talks to sell its investment in Middlesex University’s overseas campus in Dubai, two sources familiar with the matter told Reuters.

Discussions between Abraaj and the potential buyer are at an advanced stage, said one of the sources who spoke on condition of anonymity due to commercial sensitivities.

Abraaj said it does not comment on market speculation. Middlesex University’s Dubai campus did not immediately respond to Reuters’ request for comment."



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