US/UK - DIC to take 9.9% stake in Och-Ziff
Dubai International Capital (DIC) is to acquire a 9.9% outstanding equity stake in Och-Ziff Capital Management Group upon completion of Och-Ziff's planned IPO. The purchase price per share paid by DIC will be determined by the pricing of the flotation but will not exceed $33 per share. This will value the stake purchased by DIC at approximately $1.25bn.
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