You are here: Home » Reuters » News
Business Standard

Some investors want new Abraaj review, potentially delaying key sale - document

Reuters  |  DUBAI 

By Tom Arnold, Saeed Azhar and Hadeel Al SayeghDUBAI (Reuters) - Some investors in funds managed by Dubai-based Abraaj want to block the sale of assets to Colony Capital pending a review of Abraaj's handling of funds, according to a report seen by Reuters, potentially delaying a deal key to the survival of the investment management business. United States-based Colony offered last month to buy the fund management unit that runs Abraaj's Latin America, Sub Saharan Africa, North Africa and Turkey funds after months of turmoil at Abraaj triggered by a dispute with investors over the use of ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, July 12 2018. 23:27 IST
RECOMMENDED FOR YOU