Hedge Funds & Alternative Investments
Mergers & Acquisitions
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UAE's Shuaa Capital to sell non-core businesses to IHC subsidiary
Shuaa Capital will sell SHUAA Securities brokerage and market-making businesses in the UAE to IHC RSC, pending regulatory approvals. IHC is an investment holding company with diverse interests. Under the terms of the all-cash deal, IHC will acquire the operations of both businesses, which currently function as stand-alone business units…
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Source: Shuaa Capital