Shuaa in $52m deal with Orion Holding
United Arab Emirates: Tuesday, February 12 - 2008 at 09:01
Shuaa Capital and Orion Holding Overseas have acquired a 20% stake in Orion Holding as well as controlling stakes in five Orion Brokers subsidiaries in a transaction worth DhS193M ($52.5 million). Orion, a Dubai-based financial services firm, specialises in a range of activities with a particular strength in multi-asset class prime brokerage and clearing.
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Jeff Florian, Senior ReporterTuesday, February 12 - 2008 at 09:01 UAE local time (GMT+4)
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