Sunday 29 April 2018

Abraaj tries to sell private equity business as Gates-led investigation continues

The embattled Abraaj Group is trying to sell off its investment business and have approached at least two potential buyers without success so far. The move comes while Abraaj is being investigated at the insistence of four investors who are questioning whether their money was misused in connection with a $1 billion healthcare fund. The concerned investors include the Bill & Melinda Gates Foundation and the World Bank’s International Finance Corporation. Abraaj is now undergoing […]



source https://therealdeal.com/2018/04/29/abraaj-tries-to-sell-private-equity-business-as-gates-led-investigation-continues/

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