Eagle Merchant Partners, the firm managing the legacy portfolio firms of its former parent bank Arcapita, said it will not be selling Arcapita's assets for cents on the dollar, The Wall Street Journal reported.
Arcapita
Breaking News
The first Gulf region company that would come out of bankruptcy places many Western courts at a quandary on Islamic finance.
XPO Logistics Inc completed its acquisition of 3PD Holdings in a deal valued at USD 365 million.
Investcorp is seeking a loan of more than $500 million to help refinance debt due in 2013.
