Home » Dubai Investors »


|| Dubai's Istithmar to sell ISS - asking for $700 million

istithmar issDubai-based investment firm Istithmar aims to sell port and shipping agent Inchcape Shipping Services (ISS) for up to $700 million, and has drawn interest from private equity firms - the FT is reporting.

Advent International, Cinven, Montagu Private Equity, and TPG Capital are among the buyout firms working on bids. The Financial Times reported that Charterhouse Capital Partners and Kohlberg Kravis Roberts & Co were also working on potential bids for London-based Inchcape, which is one of the world's biggest marine management firms with some 200 offices globally.

Istithmar bought Inchcape for $285 million in 2006 from London-based private equity fund Electra Investment Trust.



Previous Post: Qatar royal investor buys hotel in Turkey for $15 million
Next Post: 131 UAE private equity firms have $34 billion in capital

More from Dubai Investors ...


  Dubai Riva Group invested $2.5 million in Los Angeles Rogue Games

  Dubai investors of Amanat invested $5 million in US ed-tech firm

  Dubai investment firm acquired stake for $5 million in agro-fintech Turkish startup

  Dubai Vy Capital and consortium acquired stake in US financial firm for $40 million

  Dubai TS Investment and consortium acquired stake in Korean firm for $14 million

  Dubai VentureSouq and consortium acquired stake in US gaming company for $2 million

  Dubai firm DP World acquires $50 million stake in Virgin Hyperloop

  Dubai firm acquired Denmark logistics company for $762 million

  Dubai investors of ICD acquired 25% of Italian firm CAI

  Middle East investors acquired stake in online firm Bloovo.com for $3 million




|| About Us

Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.


|| Subscribe















Copyright 2007-2021 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   Facebook    Twitter