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27-09-21
Bahrain’s Investcorp sets plans to be 100-billion-dollar Company in seven years
(MENAFN)Chief of Bahrani investment company Investcorp, Mohammed Al-Ardhi stated that the company Investcorp has determined strategies to be a 100-billion-dollar company in seven years, adding that the company is currently worth nearly USD40 billion.
Al-Ardhi also was quoted as saying that “We believe in about seven years we can get there [through] acquisitions, organic growth, joint ventures, [these] are things that we have done and we will continue to do.”
He further declared that “We operate in America, North America and Europe, in the Gulf and in Asia. America and Europe are 80 percent of our markets at the moment.”
In addition; he said, “Obviously it is about changing our model for many years. We have served the retail investors in the deal-by-deal model. We would like to change that. So, we target sustainable capital, institutional capital.”
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