27 May 2014
(MENAFN) Middle East private equity firm Abraaj Group has announced the purchase of an education provider in Thailand, according to Khaleej Times.
Abraaj, which manages USD7.5 billion, has bought a stake in out-of-school education provider KPN Academy, without mentioning the purchase price.
The political instability and the imposition of military rule after months of wrangling between government and anti-government activists were the main reasons behind the purchase.
The value of initial public offerings has tumbled 72 percent in 2014 compared to 2013 to reach USD647.6 million, while that of mergers and acquisitions has dropped 60 percent to USD2.8 billion.
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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