Friday 29 August 2014
 
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Armacell

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

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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

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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.  

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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

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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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