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VCBANK BUYS MAJORITY STAKE IN CARIBOU AND FUDDRUCKERS

MANAMA: Venture Capital Bank (VCBank), a Bahrain-based Sharia-compliant investment firm, announced its acquisition of a significant stake in the Caribou Coffee and Fuddruckers Restaurant franchises in Bahrain. From its first outlet in Bahrain in 2007, Caribou has grown its network to 22 stores, and is ranked among the top three international coffee shop chains operating in the kingdom .

Source: gdnonline.com

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