Shareholders holding 56 percent of Egyptian snack maker Bisco Misr have agreed to sell their shares to United Arab Emirates-based Abraaj Investment Management, Bisco Misr said.
Abraaj Capital
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News and developments in Asia private equity from Reuters News for the week ending August 31.
Blackstone (BX.N), Bain Capital, KKR & Co (KKR.N) and Dubai's Abraaj Capital have been shortlisted for the second phase of an auction of a fifth of private Indonesian healthcare operator Siloam.
Growth capital and buyout funds from the wealthy Gulf Arab region are being drawn towards Turkey's stable and growing economy.
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