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Sharia firm Arcapita gains 60pct from india Investment

Posted on 12 April 2011

Bahrain-based Islamic investment firm Arcapita exited its Indian healthcare investment in MedPlus Health Services with returns of more than 60 per cent over its own expectations, a top company official said yesterday.
Arcapita sold its stake in the Indian company to a consortium of private equity investors after becoming the largest shareholder in MedPlus in 2007 in a transaction valuing the company at $72 million……………………………………….Full Article: Source

 
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