Kuwait's Agility bid for part of Abraaj's investment business - document | Reuters

Kuwait's Agility bid for part of Abraaj's investment business - document | Reuters:

Kuwait’s Agility, one of the largest Gulf logistics companies, submitted a bid to acquire part of the investment management business of troubled Middle East private equity firm Abraaj, a document seen by Reuters on Wednesday showed.

Agility is one of several potential buyers of the investment management unit of Dubai-based Abraaj, which filed for provisional liquidation in the Cayman Islands in June after months of turmoil related to a row with investors over the use of their money in a $1 billion healthcare fund.

Abraaj denies any wrongdoing.