Allen & Overy advises GEMS education on acquisition of minority stake by CVC in GEMS' Menasa business
Upon completion of the transaction, CVC will acquire approximately 30 per cent of the issued shares in GMHL.
Press Release - 22-Jul-2019
Fajr Capital Limited
Also known as: Fajr, Fajr Capital Last updated on: 31 August 2018
fast facts
Business SummaryProvides direct and private equity investments in various sectors, all according to Islamic principles.Country of IncorporationUAEOwnership TypeGovernmentEstablished In2008Primary SectorFinancial ServicesNumber of Employees40Latest News
investment
Dubai's GEMS to meet banks for $1.65bln refinancing: LPC news service
GEMS owns and operates 49 schools in the UAE and Qatar
Reuters News - 14-Jul-2019CVC-led consortium to acquire 30% stake in Dubai's GEMS Education
GEMS has also launched a refinancing plan that includes loans and bonds, the statement said
Reuters News - 10-Jul-2019Funds advised by CVC Capital Partners to lead a consortium to acquire a significant minority stake in GEMS Education
Upon completion of the transaction, the CVC Consortium will acquire approximately a 30% stake in the company from the existing shareholders.
Press Release - 10-Jul-2019CVC Capital close to $1bln deal for stake in Dubai's GEMS Education
Private school operator GEMS Education is backed by Blackstone Group, that values the firm at more than $4bln
ZAWYA - 30-Jun-2019Contact details
Primary address
Gate Village 53rd Floor, Office 306
Dubai International Financial Centre
506738
UAE
Dubai
Region
DubaiCONTACT
- Tel: +971 4-373-5900
- Tel: +971 4-401-9734
- Fax: +971 4-327-8874
- Email: media@fajrcapital.com
- www.fajrcapital.com
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