Mubadala buys 20% of Investcorp

Issue 1020 - 29 Jul 2016 | 1 minute read

Abu Dhabi-based Mubadala Development Company MDC) is to take a 20% stake in Bahrain-based investment house Investcorp. The deal is being done over two stages, with MDC taking a 9.99% stake immediately, with a further 10.01% stake following regulatory approvals. The value of the deal has not been disclosed.

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