NO. 39


Financial and Banking News

Investment Activities

Investcorp Signs Preliminary Agreement to Purchase Circle K of theUS

The Bahrain-based Investcorp has signed a preliminary agreement to purchaseCircle K, the bankrupt US company with some 3,700 stores throughout the US, anInvestcorp official announced in Bahrain earlier this month. Investcorp is topay $375mn for Circle K, $50mn less than the offer of $425mn it made earlierthis year (MEES, 23 March). Investcorp will also...