Dubai International Capital has hired advisers for sale of Doncasters
Dubai International Capital, the investment arm of Dubai Holding, is exploring a sale of its British engineering group, Doncasters Group. DIC is working with advisers to seek potential buyers for the business which could fetch EUR2bn. The discussion are at an early stage and a formal sale process has not begun yet. DIC is closing down after restructuring USD2.5bn of debt. (Bloomberg)
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