Tuesday, August 20, 2013

Bahrain's Arcapita sells logistics firm for $365m

Bahrain-based investment house Arcapita, which agreed on a restructuring plan earlier this year, said on Monday it had sold North American logistics firm 3PD Holding to XPO Logistics Inc for $365m.
Arcapita booked a positive return on the investment it made in 2006, the Bahrani firm said in a statement without elaborating on how large the gain was.
More

No comments:

Post a Comment