Saturday 25 October 2014
 
»
Tag
 
»
Travelex

UAE tycoon wins $800m loan deal to buy Travelex

Goldman Sachs and Qatar National Bank (QNB) are arranging a $800 million loan to help Abu Dhabi-based entrepreneur B R Shetty acquire a majority stake in foreign exchange operator Travelex, he said on Tuesday. "The jumbo tran

More…

UAE Exchange owner BR Shetty acquires Travelex

UAE businessman Dr B R Shetty, the owner of UAE Exchange, together with equity partners associated with Centurion Investments, have entered into an agreement to acquire Travelex Holdings Limited, a leading foreign exchange firm, from funds advis

More…

UAE Exchange 'in talks to buy Travelex'

Private equity firm Apax is in talks to sell Travelex to the owner of the UAE Exchange, two sources familiar with the matter said on Thursday, suggesting a rethink of its planned 1 billion-pound ($1.7 billion) listing of the foreign exchange com

More…

Travelex aims for London market listing

British foreign exchange company Travelex is seeking to list on the London stock exchange in May or June this year, two sources familiar with the matter said on Friday, in a deal which one said could value the company at more than 1 billion poun

More…

Travelex opens new store in Bahrain

Travelex opened its 29th store in Budaiya, coinciding with its 10th anniversary in Bahrain. The opening comes as Travelex builds momentum on its growth strategy, for which the Middle East plays an integral part. &qu

More…

Travelex opens new branch in Bahrain

Leading foreign exchange specialist Travelex has opened its 25th branch at Tubli area in Bahrain as part of its expansion strategy for the Kingdom. "After entering Bahrain just eight years ago, we are incredibly proud to now be opening our

More…

Travelex opens new Bahrain outlet

Travelex, a leading foreign exchange group, has opened its new outlet in Bab Al Bahrain as part of its regional expansion plans. The company first launched its operations in Bahrain in 2004 with a number of locations in Bahrain Intern

More…

Mastercard set to buy part of Travelex

MasterCard is set to buy the card programme management arm of British foreign exchange group Travelex and a deal may be announced on Thursday, sources with knowledge of the matter told Reuters. The sources said the deal was expected to be

More…

Forex giant plans Bahrain expansion

The world's largest retail foreign exchange company is to expand its operations in Bahrain. Travelex founder and chairman Lloyd Dorfman said Bahrain's monetary policies, financial regulations and professional approach make it an excellent

More…

Travelex revamps exchange process

Travelex has revamped its foreign currency exchange processing system with the help of Postilion payment processing platform. Postilion, a leading provider of software solutions for self-service banking and payments and a division of

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads