FINANCIAL NEWS

Abraaj Capital seeking three Saudi investment deals

18 Apr 2012

(MENAFN) Dubai-based Abraaj Capital Ltd. is negotiating for three investments in Saudi Arabia totaling USD450 million, Bloomberg reported.

Ahmed Badreldin, senior partner at Abraaj Capital, said that the company is looking to seal one of the deals in the next three to four months.

Middle East’s largest private equity manager is also looking at a possible USD100 million equity buyout deal in sub- Saharan Africa, Badreldin said. He added that Abraaj may also close two investments this year.

Abraaj Capital, also considered Middle East’s biggest buyout firm, made an investment deal with Kuwait Energy earlier this month through its Abraaj Private Equity Fund IV (APEF IV).

More News

This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more