Abu Dhabi Finance House to acquire CAPM investment
Abu Dhabi investment firm Finance House is to buy privately-owned investment bank CAPM Investment to expand into investment banking and asset management - Reuters is reporting.
Under an agreement between the two parties, Finance House will acquire CAPM's investment banking and asset management licence, offering a premium of between 5 to 10 percent to the value of those businesses, one of the sources said speaking on condition of anonymity.
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More details follows from Reuters
March 22, 2012 |
Filed under Abu Dhabi Venture Capital
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