| 15.03.2012 - Capivest takes Naseej stake in $30mln deal |
| Bahrain-based Capivest, an Islamic investment bank, has concluded a deal to take a 9 per cent stake in Naseej, a fully-integrated real estate and infrastructure development company. The deal, with Cemena Holding Company, is part of a settlement of the remaining dues from the sale of Falcon Cement Company to Cemena Holding Company in June 2008, said a statement. The $30 million deal includes cash in addition to the Naseej shares...............................................Full Article: Source |