From Tradearabia.com: Oman Investment Fund has acquired a 12.6 per cent stake in Petrovietnam Insurance Co, the insurance arm of Vietnam’s state oil and gas group, for $42.4 million, a statement said on Thursday.
The deal makes the fund, run by the government of Oman, a strategic investor in the Hanoi-based insurance firm, the joint statement sent to Reuters said………………………………………Full Article: Source