The Abraaj saga is far from over and questions need answering in 2019 - The National:
The collapse of Abraaj Group, once the Middle East’s biggest private equity firm, was a market-roiling business story of 2018, and it is far from over.
“Given the challenging legal and governance complexities of the case, compounded with multiple geographies in terms of assets, I think this will take at least a few years to conclude,” said Khalid Howladar, managing director and founder of Acreditus, a boutique risk and regulatory advisory firm based in Dubai.
“Nonetheless, there are probably some attractive assets on the balance sheet and a sale of one or more of these over 2019 is likely,” he told The National.
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