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Mubadala holding in Tabreed climbs to 26pct

Posted on 23 May 2011

Abu Dhabi’s state-owned fund Mubadala now holds a majority 26.1 per cent stake in district cooling firm Tabreed after completion of a tender offer of shares to repay an Islamic bond due this month, Tabreed said on Sunday.
Mubadala and its wholly-owned subsidiary General investments previously held a 16.79 per cent stake in Tabreed, a company spokesman said……………………………………….Full Article: Source

 
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