Please wait...
GulfBase Live Support
- Lebanon receives preliminary approval to increase World Bank loan to $400m
- China Exempts Some Goods from US Tariffs to Limit trade War Pain
- Saudi Arabia completes 674 Vision 2030 initiatives, achieves 93% of KPIs as 9th year milestone marked
- Foreign investors remain net buyers of GCC stock market in first quarter
- Quarterly earnings announcement, tariff hold supports QSE index rise
- Gold prices drop more than 1%
- Saudi Arabia's Vision 2030 enters final phase with strong momentum
- Saudi Arabia takes part in European Economic Congress
- UAE jobs: Etihad Airways to hold career fair for Emiratis on May 22
- Adnoc Distribution to operate 500 high-power EV chargers by 2028
17/03/2025 03:58 AST
Investcorp Capital, a major investor in private markets and alternative investment opportunities, has announced that it has acquired a major interest in a diversified portfolio of assets consisting of corporate investments, real assets and credit investments (The Portfolio) from the Investcorp Group.
The Portfolio comprises assets in high-potential sectors such as technology and business services, with a large majority in North America and Europe.
Investcorp Capital said the transaction was approved by the company's board of directors last month. The consideration of over $200 million (subject to adjustments) will be payable by the company on or before December 31, 2025.
With this transaction, the Abu Dhabi-based group expects to drive additional value creation for its shareholders and anticipates realising a significant portion of the Portfolio in a shorter timeframe than usual.
"We are pleased to announce the acquisition of this portfolio from the Investcorp Group, at an attractive fair market value for our shareholders," remarked its Interim Chief Executive Officer Mohamed Aamer.
"This transaction adds a range of investment allocations to the Investcorp Capital portfolio that we expect to result in profitable distributions in the near-medium term to the benefit our shareholders," he added.
Investcorp Capital was advised by KPMG and Morgan Lewis & Bockius LLP on the transaction.
Trade Arabia
26/02/2025
Investcorp, a leading global alternative investment firm, today (February 26) announced that it has acquired two industrial portfolios in the Minneapolis and Baltimore markets for a gross transaction
Trade Arabia
03/04/2018
Investcorp, a leading global provider and manager of alternative investments, organized the 2018 edition of its exclusive Investcorp Leadership Program in partnership with INSEAD, one of the world's
Biz Bahrain
02/04/2018
Investcorp, a leading global provider and manager of alternative investment products, today announced an investment in ICR, a leading strategic communications and advisory firm.
Investc
Trade Arabia
| Ticker | Price | Volume |
|---|
26/04/2025
Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p
Trade Arabia
25/04/2025
Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,
Saudi Gazette
24/04/2025
The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
24/04/2025
The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.
Gulfnews
24/04/2025
Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom
Times of Oman
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia