Jabbar acquired remaining stake in Cobone.com from GBG to become the sole owner
Jabbar Internet Group which is backed by US investment firm Tiger Global, has taken complete ownership of group buying website Cobone.com by buying out the minority shareholder, Group Buying Global.
Group Buying Global is run by Klaus Hommels who is a European Angel Investor. Jabbar Internet group is behind several online initiatives in the Middle East.
More details follows from their release
July 24, 2011 |
Filed under Investment in Middle East
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