IFC acquired 15% in Medgulf

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IFC, subsidiary of World Bank Group, has invested 124 million USD in the acquisition of Medgulf. This move will allow the regional insurer to extend its health and non-life operations to North Africa and the Middle East, especially in Egypt, Iraq and Turkey. Thanks to this investment, IFC now controls 15% of Medgulf.

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Wed, 17/04/2013 - 16:55
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