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The service, which is mandatory for Muslim couples only, costs Dh100 for UAE and GCC citizens and Dh250 for others
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DVT Corp sold to Cognex for $115m
MANAMA — Arcapita, a leading Bahrain-based investment bank, announced yesterday the sale of DVT Corporation to Cognex Corporation, a publicly traded company based in the US for a total transactional value of $115 million in cash. Arcapita and its co-investors acquired DVT in October 1999.
Atif A. Abdulmalik, Arcapitaís chief executive officer, said: "For a transaction completed at the height of the technology investment boom of the late 1990s, we are extremely pleased to have completed the sale of DVT to a strategic buyer at a valuation which has generated total returns of 40 per cent for our investors."
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