Abraaj buys stake in Mediaquest

Tuesday, April 14- 2009 at 14:47

Private equity firm Abraaj Capital has bought a stake in Dubai-based Mediaquest Corp, which publishes 17 titles including Trends, Communicate and The Kippreport online. The investment is the firm's first acquisition in a media company, James Cordahi, senior vice president for corporate communications at Abraaj, told Bloomberg. Abraaj has not revealed the size or value of the stake.

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