Saturday 1 November 2014
 
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Arcapita

Arcapita sells US-based medical firm for $450m

Arcapita, a global investment management firm headquartered in Bahrain, said it has signed an agreement to sell its portfolio company CardioMems, a leading medical device company, to US-based St. Jude Medical for $450 million. Hea

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Arcapita completes US company sale for $740m

Arcapita, a global investment management firm headquartered in Bahrain, said it has completed the sale of US-based Varel International Energy Services, a leading manufacturer of drill bits for the oil and gas, and mining and industrial industrie

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Arcapita verdict favours investors

A long-awaited court verdict on Bahrain-based Islamic investment firm Arcapita has opened the door for investors to start reclaiming their cash.   Arcapita filed for bankruptcy in the US in March 2012 after faili

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Arcapita sells Varel to Sandvik for $740m

Arcapita, a global investment management firm headquartered in Bahrain, has signed an agreement to sell Varel International Energy Services, a leading manufacturer of drill bits for the oil and gas, and mining and industrial industries, to Swede

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Arcapita sells Varel to Sandvik for $740m

Arcapita, a global investment management firm headquartered in Bahrain, has signed an agreement to sell Varel International Energy Services, a leading manufacturer of drill bits for the oil and gas, and mining and industrial industries, to Swede

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Arcapita eyes new investments after Chapter 11

Bahrain-based Arcapita is aiming to build a new asset management firm with a debut local deal in the logistics, education or healthcare sector as the company recovers from the first Chapter 11 bankruptcy process undertaken by a Gulf entity.

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Bahrain's Arcapita emerges from Chapter 11

Arcapita, an international investment firm headquartered in Bahrain, said it has emerged from Chapter 11 reorganization proceedings in the United States. Under the terms of the reorganization, “New” Arcapita (legally r

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Arcapita sells US-based logistics firm

Bahrain-based Arcapita Bank has announced that it has sold 3PD Holding, a leading last-mile logistics company in the US and Canada, for $365 million.    3PD was acquired by XPO Logistics, one of the fastest

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US court approves Arcapita's sharia bankruptcy plan

Bahrain investment firm Arcapita Bank has received approval from a US Bankruptcy Court for its plan to repay creditors, thought to be the first in the US that is compliant with sharia, Islamic law.

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US Court approves Arcapita Chap 11 disclosure statement

  Bahrain-based Arcapita Bank said the US Court has approved the Disclosure Statement for the amended chapter 11 plan of reorganization of the investment bank and its debtor affiliates.

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