VOL. XLIII

No. 02

10-January-2000

BAHRAIN

Investcorp Sells Falcon Building Products...

Bahrain-based Investcorp announced on 2 January that FBP Industries Corp had acquired all the outstanding shares of Falcon Building Products (88% of which were held by Investcorp and co-investors following a 1997 acquisition) for approximately $240.5mn. FBP Industries Corp is an investment subsidiary of EQ Corporation, a Connecticut based leasing and financial services company which was advised on the...