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:
  • 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.
    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 ... paysafecard.com 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 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 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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