VOL. XLVI

No 21

26-May-2003

GENERAL

Investcorp Receives $65mn For Partial Sale of Werner

Investcorp announced on 19 May it has received $65mn from a partial sale of its investment in Werner Holding Company through a recapitalization which values the company at approximately $625mn. This has enabled Investcorp to return approximately 60% of its clients original investment while retaining a majority interest in Werner post recapitalization. The new investment in Werner was made by an affiliate of...