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FINANCIAL NEWS
Ashmore to purchase 65 percent stake of Saudi GEMS
03 Nov 2013
(MENAFN) Ashmore Group Plc has announced its plan for purchasing a stake in a Saudi waste management firm for USD250-350 million, according to Arab News.
Britain-based Ashmore plans to buy 65 percent stake of Global Environmental Management Services (GEMS), one of the banking sources said.
An American bank was appointed to manage the sale process of Ashmore, said the sources.
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With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
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BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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