US firm said to walk away from Abraaj fund unit deal
Colony NorthStar Inc has ended talks to buy a majority stake in the fund-management unit of embattled Abraaj Group, which has been roiled in recent months by allegations of misused funds, according to people with knowledge of the matter. The US asset manager walked away from a possible deal after…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Arabian Business