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Ashmore-led group sells Saudi waste management firm to Gulf group

A group led by fund manager Ashmore Group plc has sold a Saudi waste management company to a group of Gulf private equity firms, one of the buyers confirmed on Wednesday, with banking sources valuing the deal at around $300 million. Jeddah-based Global Environmental Management Services (GEMS) collects, handles and…

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Click here to read the full story: Reuters

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