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   
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    Kirdar, who is executive chairman and chief executive of the firm, will retire on 30 June 2015 and be replaced by board director Mohammed Al-Ardhi as chairman and Mohammed Al-Shroogi and Rishi Kapoor as co-chief executives. Kirdar founded the group ...
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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 ...
    07/31/2012 - 1:00 pm | View Link
  • Investcorp unit buys Austrian online firm
    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. Paysafecard provides prepaid ...
    06/30/2012 - 1:00 pm | View Link
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