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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials, Market

UniCredit rights offer leads Europe stock sales to best start since 2007

Posted on 09 February 2012

UniCredit SpA (UCG)’s $9.9 billion rights offer is leading Europe’s stock sales to the best start of the year since 2007, a sign that the region’s companies may return to the equity markets after last quarter’s slump.
UniCredit’s rights offer attracted investors from the Abu Dhabi-based sovereign-wealth fund Aabar Investments PJSC to the Los Angeles-based investment fund Capital Research & Management Co., as well as Italian buyers such as Alessandro Proto Consulting……………………………………….Full Article: Source


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