Tue, Nov 25, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

Abu Dhabi fund buys 5.6 pct of Brazil’s EBX

Posted on 27 March 2012

Mubadala Development Co., the Abu Dhabi investment firm with stakes in General Electric Co. and the Carlyle Group, agreed Monday to pump $2 billion into Brazil’s EBX Group, looking to tap into the growing South American market.
The funds will buy Mubadala a 5.63 percent stake in the Brazilian conglomerate, including an indirect interest in its various subsidiaries, the companies said in a joint statement announcing the deal. EBX has interests in a range of industries, including mining, energy and power generation………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15252 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« Oct    
 12
3456789
10111213141516
17181920212223
24252627282930