NO. 2


Financial and Banking News

Investment Activities

Investcorp Acquires Ebel S.A.

Investcorp, the Bahrain-based investment bank, announced on 2 October that ithad completed the acquisition of Ebel S.A. on behalf of a group of internationalinvestors and the Ebel operating management. Ebel is one of the leading Swissluxury watch manufacturers. A company statement did not say exactly how muchInvestcorp paid for the company, only that the acquisition was "partially...