Warburg, General Atlantic to buy 49% of Network International
Warburg Pincus and General Atlantic agreed to acquire a 49 percent stake in Network International from The Abraaj Group. Financial terms weren’t announced. Emirates NBD will continue to own a 51 percent stake in the Company. Network International, of Dubai, is a payment solutions provider in the Middle East and Africa. Perella Weinberg Partners, Morgan Stanley and Citi provided financial advice to Warburg/General atlantic.
30 November 2015•6 mins read
