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Mumtalakat Holding

Mumtalakat Holding latest

The consortium has held preliminary talks with investors about an outright sale of the more than 20 percent stake after GEMS shelved its plan to list the schools operator in London. (Fajr Capital)
September 26th, 2018 - 08:21 GMT

Schools May Have Started, but GEMS Private Equity Investors Are Ringing the Exit Bells

A group of private equity investors, including Fajr Capital, Blackstone and Bahrain’s Mumtalakat, is weighing the sale of their combined stake in the emerging market business of UAE-based GEMS Education.
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