Private equity firm Oak Hill Capital Partners said it would buy container maker Berlin Packaging LLC for $1.43 billion from Bahrain-based investment firm Investcorp Bank BSC INVB.BH.
Breaking News
Bahrain-based investment firm Gulf Finance House (GFH) agreed to sell part of its stake in West Yorkshire-based soccer club Leeds United for an undisclosed amount.
Italy's state backed Fondo Strategico Italiano (FSI) and private equity firm CCMP Capital are leading the race to secure a minority stake in Italian luxury goods group Versace.
Bahrain-based Islamic investment firm Tadhamon Capital announced that it has completed the acquisition of Paul Street development in London, in a joint venture with McLaren Property and Apache Capital.
The King Hamas decree granting BHD185 million bailout to Gulf Air is set to be vetoed by a number of MPs since it was done while Parliament was in recess.
Like many other Gulf Cooperation Council banks, AUB is now seeking investments overseas for diversification purposes.
HSBC issued a comprehensive report as to the effects of the Arab Spring with the Gulf countries' economies.
Bahrain based Investcorp announced the sale of Skrill to CVC Capital Partners in a deal priced at USD79 million.
In an attempt to turn around its decline, the Gulf Finance House said that it will use a new business model.
Al Baraka Bank of Bahrain to issue US$200 million sukuk bond.
