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Dubai group sells KEF stake for $178mDubai International Capital (DIC) said it has successfully sold its 45 per cent stake in KEF Holdings, a UAE-based integrated valve manufacturer, to Tyco International for $178 million, thus netting substantial returns. DIC said More… |
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Tyco buys $300m stake in UAE valve makerTyco International, a leading provider of security and fire protection and detection products, has signed a deal to acquire a 75 per cent equity stake in KEF Holdings, a leading valve maker in the UAE, for $300 million. More… |
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DIC buys stake in UAE foundryDubai International Capital, the international investment arm of Dubai Holding, said it had bought a 45 percent stake in a UAE-based maker of steel castings. It said in a statement that the acquisition of a stake in KEF Holding was aimed a More… |
