Thursday, June 14, 2007

UPDATE 1-Investcorp to pay $1.1 bln for Danish roofing firm

(Reuters) - Icopal, which installs metal roofs and makes waterproofing
membranes, takes the value of the investment bank's acquisitions
in the financial year ending June 30 to $2.8 billion, Investcorp
said in a statement.




Investcorp, which manages $10 billion in assets, raises cash
in the Gulf, the world's biggest oil exporting region, for
investment in the West, although in April banking sources said
it was starting a $1 billion fund for Western investors.


Read more at Reuters.com Mergers News

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