Business
KKR and Fajr Capital, close to buy 25 percent of Azalea
KKR & Co and Dubai-based Fajr Capital are reportedly close to buying a 25 percent stake in fashion retailer Azadea Group. According to three sources aware of the matter quoted by Reuters, "The deal isn't done but it's getting closer.” This would be the US private equity firm's first Middle Eastern investment. Although the sources would not put a...
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