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 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   
  • 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 Wertkarten AG, an Austrian provider of prepaid vouchers that enable consumers to shop online, for about 140 million euros in 2012.
    08/18/2013 - 11:42 pm | View Link
  • Plunging asset income cuts Investcorp Bank's full-year take in half
    "Asset-based income was significantly down year on year due largely to the European crisis, accentuated by a slowing global economic environment," the firm said ... Wertkarten, an Austrian online-payments company, for €140m (Dh632.2m).
    08/1/2012 - 1:00 pm | View Link
  • Bahrain’s Investcorp Slumps On Euro Crisis
    In July Investcorp’s online portfolio unit Skrill bought Austrian firm for up to 140 million euros ($172 million). Paysafecard provides prepaid electronic payment services; the acquisition was Investcorp’s fifth investment in Europe in ...
    07/31/2012 - 1:00 pm | View Link
  • Investcorp buys Austrian payments firm for US$177m
    Austrian ... online shopping trend,” he added. Investcorp, which has US$11.6bn in assets under management, last week signed up to a US$504m-equivalent loan aimed at refinancing debt due in 2013, Reuters reported last week. The Bahrain-based firm ...
    07/1/2012 - 1:54 am | View Link
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