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Encyclopedia > Dubai International Capital
Dubai International Capital
Dubai International Capital

Dubai International Capital (DIC) was established in October 2004 as the international investment arm of Dubai Holding. In 2005, it purchased the The Tussauds Group from Charterhouse Capital Partners for £800 million pounds ($1.5 billion). DIC has also acquired a 2% stake for $1 billion in German-US carmaker DaimlerChrysler, making it the company's third largest shareholder. Image File history File links Dubai_International_Capital. ... Image File history File links Dubai_International_Capital. ... This article or section does not cite its references or sources. ... The Tussauds Group is a large vistor attraction business operating primarily in the United Kingdom, in addition to five other countries. ... DaimlerChrysler AG headquartered in Stuttgart, Baden-Württemberg (Germany) and Auburn Hills, Michigan (USA), is a prominent automobile and truck manufacturer and financial services provider (through DaimlerChrysler Financial Services). ...

Contents

Recent developments

On March 2, 2006, The Washington Post reported that DIC plans to buy Doncasters Group Ltd., a British precision-engineering company with plants in Connecticut and Georgia that make precision parts used in engines for military aircraft and tanks. ... This article or section does not cite its references or sources. ...


The company said in a statement it is confident the U.S. government will approve its $1.2 billion offer. It said it was pursuing all U.S. regulatory approvals "as is customary for international business transactions of this nature."


The company has also recently been linked with a takeover bid of English Premier League side, Liverpool FC. Also, Tom Sanderson is thinking about taking over Liverpool {{Football club infobox | clubname = Liverpool FC | image = fullname = Liverpool FC | nickname = The Reds | founded = 1892 | ground = Anfield | capacity = 45,000 | chairman = D.R.Moores | Chief Executive Officer = R.N.Parry | manager = Rafael Benitez | league = FA Premiership | season = 2005-06 | position = FA premiership, 5th | pattern_la1=|pattern_b1=|pattern_ra1=| leftarm1=FFFFFF|body1=FF0000...


See also

This article or section does not cite its references or sources. ...

External link

  • dubaiic.com - Offical Website

References

  • LFC Online - Supporters Website
  • U.S. Reviewing Second Dubai-Based Company - AP via Yahoo! News


 
 

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