MENA Infrastructure Fund Acquires 32.8pc of UPC

DUBAI - MENA Infrastructure Fund, the infrastructure equity fund sponsored by HSBC, Waha Capital and Dubai International Capital, has acquired 32.8 per cent of United Power Company SAOG, or UPC, for $26.5 million. UPC is listed on the Muscat Securities Market, with 40 per cent of its equity capital being publicly traded. MENA Infrastructure... [read full story]                    

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