IFC Takes Stake In Jordinvest
The International Finance Corporation said on 25 March that it is helping set up aninvestment banking company in Jordan. The IFC will subscribe $1.4mn in the firm, to becalled Jordan Investment Trust (Jordinvest). The company will carry out investment bankingactivities including the provision of "long-term private equity, investing in quotedinvestments, underwriting and private placement of debt and equity issues, corporate...
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