Investcorp Buys Austrian Online Firm For $178 Million

DUBAI (Reuters) - Investcorp , a Bahrain-based investment firm, said on Sunday its online portfolio unit Skrill bought Austrian firm paysafecard.com for up to 140 million euros ($177.67 million), betting on growth in online retail sector.

Topics:  dubai reuters     investcorp   bahrain-based   skrill   austrian   online   firm   million   
BING NEWS:
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  • CVC Agrees to Buy Skrill From Investcorp for $800 Million
    Investcorp, an investment firm with about $10.5 billion in assets ... with the purchase of paysafecard.com Wertkarten AG, an Austrian provider of prepaid vouchers that enable consumers to shop online, for about 140 million euros in 2012.
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  • Plunging asset income cuts Investcorp Bank's full-year take in half
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  • Bahrain’s Investcorp Slumps On Euro Crisis
    In July Investcorp’s online portfolio unit Skrill bought Austrian firm paysafecard.com for up to 140 million euros ($172 million). Paysafecard provides prepaid electronic payment services; the acquisition was Investcorp’s fifth investment in Europe in ...
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  • Investcorp buys Austrian online firm Paysafecard for up to £113m
    INVESTCORP, a Bahrain-based investment firm, said yesterday its online portfolio unit Skrill has bought Austrian firm paysafecard.com for up to €140m (£113m), betting on growth in the online retail sector. Paysafecard provides prepaid electronic payment ...
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