Thursday 10 July 2014

Armacell eyes investment in Bahrain

A high-level delegation from Armacell, a world leader in the market for flexible technical insulation material, has discussed investment opportunities with Transportation Minister and Economic Development Board (EDB) acting chief executive Kamal


Bahrain's Investcorp sells Armacell for $655m

Bahrain-based private equity firm Investcorp has agreed a sale of its German insulation firm Armacell to Charterhouse Capital Partners for over 500 million euros ($655 million). The sale had stalled earlier this year after bids fr


Investcorp pulls Armacell sale

  Bahrain-based private equity firm Investcorp has pulled the sale of its German insulation firm Armacell and may instead refinance the company's debt and pay itself a dividend, bankers said.  


Investcorp sees Armacell sale under threat

Bahrain-based private equity firm Investcorp's sale of Armacell is under threat as bids for the German insulation firm are due to come in lower than its 500 million euro ($653.30 million) price tag, said bankers. Second-round


Investcorp ‘attracts bidders for Armacell’

The sale of German insulation firm Armacell by its Bahrain-based private equity owner Investcorp has attracted six bidders as interest grows in companies making energy-efficient products, two people familiar with the transaction said.

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