Abraaj Capital rights issue raises $375m | AltAssets Private Equity News

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Abraaj Capital rights issue raises $375m

23 Nov 2009

Dubai private equity firm Abraaj Capital has raised $375m in a rights issue, which the firm says will put it in a position to capitalise on strategic buy-out opportunities. The fundraising, which was fully subscribed by existing shareholders, increases Abraaj’s paid-in capital to $1.5bn.

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