Hedge Funds & Alternative Investments
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Abu Dhabi’s investment firm Chimera buys majority in Egypt’s Beltone Financial
Abu Dhabi investment firm Chimera Investment LLC said on Tuesday it has acquired a controlling stake in Egypt’s Beltone Financial Holding, part of a strategy to expand in the Middle East and North Africa region. Chimera bought 55.9 percent of Beltone at 1.485 Egyptian pounds a share, valuing the company…
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Click here to read the full story: Abu Dhabi investment firm Chimera Investment