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Article: Consortium acquires Qatar Engineering and Construction Company

Article from:
Al Bawaba
Article date:
October 11, 2009
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A Consortium comprising of institutions from Qatar and Bahrain announces that it has acquired Qatar Engineering and Construction Company WLL (QCon), one of Qatar's leading industrial engineering and construction contracting companies specialising in the oil and gas, petrochemical, power and other industrial infrastructure sectors.The transaction sees Qatar America Asia Consortium (QAAC), Bahrain-based Unicorn Investment Bank (Unicorn), Qatar First Investment Bank (QFIB) and The First Investor (TFI) acquire 100% of QCon from Qatar Shipping.

QAAC is the Co-Originator of the transaction, with Unicorn acting as Co-Originator and Arranger.

The Consortium formed a close partnership to structure ...

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