QInvest, a Qatar investment bank, has acquired a 28% stake in Asian Business Exhibition & Conferences Ltd (ABECL), an exhibitions and conferences organizer in India.
ABECL has a portfolio of 15 exhibitions consisting of c. 65 events spread across 9 industry verticals. It is established in 1994. QInvest has authorized capital of $1 billion and paid up capital of $750 million and has 130 staff.
QInvest is listed in the Middle East Investors Directory with the code LIP08.
Their full press release follows
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