Dinesh Nair
Stories by Dinesh Nair
GIC-backed LeasePlan plans to seek IPO valuation of up to $8.7b
LeasePlan, which has about 1.8 million vehicles under management in more than 30 countries, resells used cars in Europe through its CarNext.com busine
Uber in early discussions to acquire Europe’s Deliveroo
Uber CEO Dara Khosrowshahi has made the company’s food-delivery business a top priority ahead of a planned IPO in the second half of 2019.
Qatar Investment Authority CEO said to leave $320b sovereign wealth fund
Under Sheikh Abdullah, the fund moved away from its strategy of investments in trophy assets, instead focusing on diversifying its portfolio in the U.
Abraaj investors said to prefer $1 Actis bid to Gulf offers
The bid by London-based Actis is ranked ahead of offers from Abu Dhabi Financial Group and Kuwaiti logistics firm Agility, which is making a joint bid
Qatar Fund in advanced talks to invest in China’s top online lender Lufax
QIA has been negotiating the potential purchase of a minority stake in Lufax, an arm of China’s Ping An Insurance (Group) Co, for $500 million to $1
Investors of $1.6b Abraaj fund claim they are owed at least $300m
The investors are also seeking to stop paying management fees to Abraaj, citing breach of duties to the fund.
Mubadala’s frenetic dealmaking dwarfs Middle East peers
Since the start of 2017, it’s completed 31 deals with more in the works. Saudi Arabia’s Public Investment Fund completed 16 deals and boycott-hit
Musk considers taking Tesla private, valuing company at $82b
The announcement, made initially via Twitter, followed news that Saudi Arabia’s sovereign wealth fund had built a less than 5% stake in Tesla worth
Abraaj Fund investors said to hire advisers for debt recovery
The New York-based company will represent Abraaj Private Equity Fund IV’s backers in talks with liquidators as they seek to recover more than $99 mi
Behind the spectacular fall from grace of private equity firm Abraaj
For years, Abraaj's main revenues didn’t cover operating costs. It borrowed to fill the gaps and now owes creditors over $1 billion.
