Staff Writer
The Qatar-listed Lesha Bank has executed an indirect private equity investment of 273 million riyals ($85 million) through a fund managed by the bank.
The bank said the investment, deployed through the CVC-PE Global Private Equity fund, forms a part of its strategy to “strengthen its presence and expand its activities”.
Lesha Bank added the shariah-complaint investment has been executed through a special purpose vehicle.
(Writing by Bindu Rai, editing by Seban Scaria)
bindu.rai@lseg.com
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