Hedge Funds & Alternative Investments
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PE firm buys 6.6 pct of Jordan Dubai Islamic Bank
Jordan-based private equity firm Foursan Group has acquired a 6.6 percent stake in Jordan Dubai Islamic Bank, making it the bank's second largest stakeholder, Foursan said on Thursday. The firm declined to disclose the monetary value of the deal. It is not yet considering seeking a seat on the bank's…
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Click here to read the full story: Reuters