Amwal Al Khaleej buys stake in Dubai Contracting
- United Arab Emirates: Tuesday, January 15 - 2008 at 07:05
Pivate equity firm Amwal Al Khaleej has announced that it has acquired a 49% stake in Dubai Contracting Company for an undisclosed sum. The acquisition was made through a special purpose vehicle that is solely managed by Amwal Al Khaleej, AK XII. Investors in AK XII include Goldman Sachs and Credit Suisse.
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Jeff Florian, Senior Reporter



