Tue, Oct 21, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Investment more

Seera Investment Bank completes $300 mln sale of UK investment

Posted on 22 June 2011

Seera Investment Bank, a Shari’a compliant investment bank headquartered in Bahrain, announced the sale of BWA Water Additives (BWA), a UK based company in a transaction valuing the company at around $ 300 million. The sale has generated a total return on investment of around 70% over a holding period of slightly over two and a half years with an IRR of around 20%.
BWA is the world-leader in the development and supply of specialty chemicals used for water treatment in 90 countries around the world. The company’s new owner is Berwind Corporation, a US family-owned investment management company, with investments in a diversified portfolio of highly successful manufacturing and service companies. (Press Release)

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031