Investcorp Joins Consortium for Saudi Firm Even as Houthi Attacks Intensify

Investcorp announced it is joining a consortium of Saudi investors to acquire a stake in a fire safety and equipment company based in Saudi Arabia. The deal represents one of the first inbound investments in the kingdom following recent escalations in military conflict between Saudi Arabia and Houthi forces. The Houthi movement is backed by Iran.

• Bloomberg — Investcorp Joins Consortium for Saudi Firm Even as Houthi Attacks Intensify

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