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Sovereign Wealth Funds Briefing - Categorized | Investment

Third of state’s holding in RBS ‘for sale to Abu Dhabi fund’

Posted on 28 March 2012

Discussions between UK Financial Investments, which manages the government’s 82 per cent stake in RBS, and the Abu Dhabi Investment Authority have reportedly been held for months.
A deal could reportedly see at least 10 per cent and up to a third of the government’s stake sold on. The government is keen to reach an agreement with the oil-rich Gulf emirate’s sovereign wealth fund by the end of the year, according to the BBC………………………………………..Full Article: Source


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