Financial and Banking News
Investcorp's New Fund Is Oversubscribed
The Bahrain-based Arabian Investment Banking Corporation (Investcorp) hasraised the capital of the trading fund it set up less than a month ago to investin European private companies from the original 30mn to 50mn, following a200% oversubscription of its shares by private investors and organizations. Although Investcorp has received subscriptions totalling 60mn, it hasdecided to limit...
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