UAE – BSIC | Bocconi Students Investment Club

The PE energy game: Carlyle Group purchases a stake in Spanish oil giant Cepsa

The Carlyle Group (NASDAQ:CG) – market cap as of 08/04/2019: USD 6.34bn Introduction On April 8, 2019, the US PE giant Carlyle announced its decision to acquire up to 40% of the capital of the Spanish multinational Cepsa from the sovereign fund of the United Arab Emirates Mubadala for up Read more…

By BSIC, 6 years28 April 2019 ago

Emaar lists through an IPO 20% of Emaar Development for $1.5bn

Emaar Development PJSC (EMAARDEV:DFM) – market cap as of 24/11/2017: $6.26bn (AED 23bn) Introduction On November 22, 2017, Emaar Properties sold on the DFM (i.e. Dubai Financial Market) 20% of the shares of its domestic development arm in an Initial Public Offering, at $1.64 per share. Emaar capitalisation at listing Read more…

By BSIC, 8 years26 November 2017 ago