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|| Bahrain investment firm buys Austrian online firm for $178 million

investcorp-oninepayment.jpgBahrain investment firm, Investcorp, announced that its portfolio online payment company, Skrill (formerly Moneybookers), has agreed to acquire 100% of paysafecard.com, an Austrian provider of prepaid vouchers for around $178 million.

Paysafecard is the fifth investment undertaken by Investcorp and its portfolio companies in Europe over the past six months.

Investcorp is listed in the Middle East Investors Directory with the code OR30.

More details follows

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