Abraaj, Helios among possible bidders for Actis-backed EMP
Bloomberg quotes sources as saying that The Abraaj Group and Helios Investment Partners are possible bidders for Actis backed-Emerging Markets Payments, the payments firm servicing more than 130 banks and 30,000 customers in the Middle East and Africa. Actis is working with Morgan Stanley to explore a potential sale of the firm, which could realize a $400 million sale price. A formal bidding process for the firm could kick off before the end of March.
Read more at Bloomberg…
Leave a comment