Financial Times FT.com

M&A

Abraaj poised to buy again after raising $375m

By Simeon Kerr in Dubai

Published: November 22 2009 20:35 | Last updated: November 22 2009 20:35

Abraaj Capital, the Middle East’s largest private equity house, has raised its capital by almost a third as it prepares a return to buying mode.

The Dubai-based buy-out firm will focus on real estate and small businesses, as well as trying to acquire an overseas competitor looking to raise its regional exposure.

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