Mubadala to Buy 20% of Investcorp

Posted on 07/28/2016


Abu Dhabi-based Mubadala Development Company plans to take a 20% stake in Investcorp Bank BSC, a Bahrain-based alternative investment firm. Under the deal terms, Mubadala will acquire a 9.9% stake in Investcorp and then another 10.01% ownership stake after getting regulatory approvals. Mubadala will receive a seat on the firm’s board. Mohammed Mahfoodh Alardhi, Executive […]