Wednesday, April 15, 2015

Abu Dhabi's Gulf Capital sees 4-6 acquisitions this year

Abu Dhabi-based private equity firm Gulf Capital may complete between four and six acquisitions this year, its chief executive said on Sunday, as consumer-driven sectors in the Gulf's economy are expected to grow despite lower oil prices.
"We're looking aggressively on anything consumer-related," Karim El Solh told reporters on the sidelines of a business conference in Abu Dhabi. "I think we expect to do, between private equity and credit, around four to six transactions this year."
http://www.emirates247.com/business/corporate/abu-dhabi-s-gulf-capital-sees-4-6-acquisitions-this-year-2015-03-02-1.582750

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