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Sovereign Wealth Funds Briefing - Categorized | Investment

Abu Dhabi’s Aabar Investments ups stake in Arabtec

Posted on 07 March 2012

Aabar Investments has raised its holding in Dubai’s Arabtec to 5.28%, two years after it abandoned plans to take a $1.7bn majority stake in the company.
Posted on Dubai’s stock exchange, the shareholding is listed under Aabar Petroleum Investments Co which sold its energy assets to the Mubadala Development Co in 2008. The move makes the sovereign wealth fund one of the largest shareholders in Arabtec………………………………………..Full Article: Source


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