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Article: Consortium acquires Qatar Engineering & Construction Company

Article from:
Al Bawaba
Article date:
October 14, 2009
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A Consortium comprising of institutions from Qatar and Bahrain announces that it has acquired Qatar Engineering & Construction Company WLL (QCon), one of Qatar's leading industrial engineering and construction contracting companies specialising in the Oil & 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 the ...

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