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Examples
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Specialty food company chain Cocoberry is in talks with Dubai-based Abraaj Capital to raise about 70 crore for a minority stake, a person with direct knowledge of the development told ET.
Deals India: Morning News Roundup Deals India Staff 2011
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Cocoberry in talks with Abraaj, PEs to raise Rs 70 crore
Deals India: Morning News Roundup Deals India Staff 2011
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"An element of certainty has been brought forward as opposed to uncertainty," said Mustafa Abdel Wadood , chief executive of Abraaj Capital, a major investor in Egypt.
Confidence Grows on Islamist Boost to Egypt Economy Tamer El-Ghobashy 2011
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Pride played a big part in the collapse of the Abraaj deal, according to people familiar with the negotiations.
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Bankers involved in the deal identified Abraaj in May last year as the firm seeking to buy about a 15% stake.
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She has shown at the great Centre Pompidou in Paris and was awarded the prestigious Meurice Prize in France, as well as the Abraaj Prize - of the United Arab Emirates.
Artists of all faiths walk sacrilege line Blake Gopnik 2010
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According to Zawya. com data, investors in Abraaj include Dubai-government owned DIFC Investments, Deutsche Bank and Citigroup.
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"Abraaj submitted an offer and is in talks with the decision makers on the deal," said one of the officials, who added that the company hasn't submitted a formal proposal.
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Boost for the Company Deutsche Bank is advising Dubai World on the deal, and Credit Suisse Group is working with Abraaj, according to a person familiar with the situation.
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The person said Abraaj could take at least a 15% stake, buying shares from Dubai World and on the open market.
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