Lesha Bank LLC (Public) announced the purchase of minority stake in Starlink, a leading provider of ICT, managed services, and retailer of technology products as part of its private equity strategy to expand its footprint in Qatar.

Lesha Bank purchased 27.5% stake in Starlink, marking its first deal in 2023.

The new deal further boosts Lesha Banks presence in the local private equity market. It also comes after recent purchases made in the consumer goods, technology and household electronics sectors reaffirming the Banks investment strategy to diversify its exposure.

Launched in 2006, Starlink, is a leading retailer of latest technology products, mobile, gadgets and accessories. (QNA)

Source: Qatar News Agency