Shuaa Partners sells stake in Rotana Hotel Management11th August 2010 | published by EW SHARE
UAE – The chairman of Abu Dhabi-based Rotana Hotel Management, Nasser al Nowais, has bought back the entire stake in the company from private-equity subsidiary of the investment bank Shuaa Capital, Shuaa Partners.
According to Abu Dhabi newspaper The National, Shuaa Partners acquired a 22 per cent stake in the group, which currently manages 38 hotels and convention centres acros...
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