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Abu Dhabi: Investment firms Gulf Capital and Waha Capital in merger talks

By  |  May 8, 2019

Abu Dhabi investment firms Gulf Capital and Waha Capital have held exploratory discussions regarding a merger, three sources familiar with the matter told Reuters.

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    The talks have taken place over the last few months and may or may not lead to a deal, the sources said.

    Private equity firm Gulf Capital manages over US$4 billion in assets. Waha Capital’s total assets stood at US$3.18 billion at the end of last year. It also managed funds worth around US$700 million.

    Waha Capital’s portfolio of investments includes stakes in aviation leasing firm AerCap Holdings, a major Middle East and North African oil and gas services provider and industrial real estate.

    Abu Dhabi’s state fund Mubadala has a minority stake in Waha Capital and Abu Dhabi Investment Council, a unit of Mubadala, is a shareholder in Gulf Capital.

    Full Content: Reuters

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