Beirut Spring

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Politics move quickly and opinions evolve. There's a good chance I no longer hold some of the opinions expressed in the post below
—Mustapha

A Glimpse Into How Mr. Mikati Makes Money

March 26, 2011 · Mustapha Hamoui

Mark Kleinman for Sky News:

The former head of Goldman Sachs’ private equity business and the investment company founded by Lebanon’s prime minister-in-waiting are in detailed talks to take control of All Saints, the struggling fashion chain, I have learned. […] The new owners’ strategy would be to continue All Saints’ international expansion and grow its online business. They would be likely to seek to take the company public at some point in future, according to a person familiar with their plans.

Read the whole thing for some good insight on Mr. Mikati’s investment group M1.