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London Fire Brigade partner AssetCo snubs Arcapita bid approach

Tue, 2011-03-15 12:24 — newsdesk

AssetCo Plc rejected what it called an opportunistic takeover approach from Islamic investment firm Arcapita , and said it received a new loan from its principal bank.
AssetCo, which is valued at 14 million pounds, is the only company to have a fully outsourced fire and rescue service in the Middle East.

Source: 

http://www.reuters.com/article/2011/03/14/assetco-idUSL3E7EE0YF20110314