Alternative investment manager Investcorp will complete the $1.43 billion sale of Berlin Packaging to Oak Hill Capital Partners in the first week of October, it said in a statement on Wednesday.
Investcorp
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Bahrain private equity firm Investcorp has bought a significant minority stake in Turkish fresh cut and packaged processed red meat producer Namet for an undisclosed sum. Early this year, Investcorp acquired a 25% stake in Saudi Arabia's Leejam Sports Co.
Private equity firms Blackstone Group, CCMP Capital and Investcorp are the only remaining bidders for a minority stake in Italian fashion house Versace. Versace seeks to exit a 20% stake in the first quarter of next year.
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.
Private equity firm Investcorp had purchased paper products company Paper Source for an unspecified amount.
Bahrain based Investcorp announced the sale of Skrill to CVC Capital Partners in a deal priced at USD79 million.
Investcorp entered into a definitive agreement worth GBP 100 million to purchase Tyrells Potato Crisps.
Investcorp acquires North America's leading information security solutions provider, Fishnet Security
Private equity group Investcorp is considering the sale of Armacell.
Investcorp said on Tuesday its private equity fund bought a 30 percent stake in Turkish menswear retailer Orka Group.
Investcorp is seeking a loan of more than $500 million to help refinance debt due in 2013.
Growth capital and buyout funds from the wealthy Gulf Arab region are being drawn towards Turkey's stable and growing economy.
