Islamic Finance
Mergers & Acquisitions
Uncategorized
Private equity firm buys 6.6% of Jordan Dubai Islamic Bank
Jordan-based private equity firm Foursan Group has acquired a 6.6 per cent stake in Jordan Dubai Islamic Bank, making it the bank’s second largest stakeholder, Foursan said yesterday. 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: Gulf News