Hedge Funds & Alternative Investments
Mergers & Acquisitions
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Wealth and Asset Management
DIFC Investments has likely sold Smartstream – JP Morgan
DIFC Investments (DIFCI), the investment arm of the company running Dubai's financial free zone, has likely sold software company SmartStream Technologies, resulting in a $68.8 million impairment provision, JP Morgan said in a research note. DIFCI, which has been grappling with a debt pile including a $1.25 billion Islamic bond…
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