Abu Dhabi’s Mubadala to buy 20% of Bahrain’s Investcorp

Abu Dhabi state investment fund Mubadala has agreed to acquire a 20 per cent stake in Investcorp, the Bahrain-based alternative investment firm said in a statement on Thursday.

Mubadala will buy 9.99 per cent of Investcorp immediately, and a further 10.01 per cent following the necessary regulatory approvals, the statement said without disclosing a value for the transaction.