Abu Dhabi's Gulf Capital, Waha Capital hold merger talks: sources - Reuters:
Abu Dhabi investment firms Gulf Capital and Waha Capital have held exploratory discussions regarding a merger, three sources familiar with the matter told Reuters.
The talks have taken place over the last few months and may or may not lead to a deal, the sources said.
Private equity firm Gulf Capital manages over $4 billion in assets. Waha Capital’s total assets stood at $3.18 billion at the end of last year. It also managed funds worth around $700 million.
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