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Abu Dhabi Capital Management Challenges Cerberus Bid For Abraaj Unit | Cpi Financial News | Banking And Financial News,islamic Business And Finance, Commercial Banking
Abu Dhabi Capital Management made a $50 million offer to Abraaj’s financial adviser. : A unit of Abu Dhabi Financial Group has made a fresh, $55 million offer for the rights to manage Abraaj Group’s funds, challenging a bid from Cerberus Capital Management, according to people familiar with the matter. Abu Dhabi Capital Management told Abraaj’s liquidators it would pay $30 million to buy the rights to manage Abraaj’s funds and $25 million to cover the company’s costs and end-of-service ... Full investment news article
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Hospitality Startup Saffronstays Raises $2 Mn Pre-series A Funding
Mumbai-based micro-hospitality startup SaffronStays has raised $2 Mn in Pre-Series A funding from consumer-centric VC Sixth Sense Ventures. As shared by… The post Sanjay Mehta Mentored Hospitality Startup SaffronStays Raises $2 Mn appeared first on Inc42 Media. Full investment news article
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Louisiana Economic Development,