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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Abu Dhabi investment in Daimler leaves

Posted on 04 October 2012

Abu Dhabi is abandoning its investment in the German automaker Daimler, a German magazine reported, citing people of one unidentified company.
The sovereign wealth fund Aabar of Abu Dhabi is transferring its rights over the last 3% of its shares in Daimler to Deutsche Bank, the magazine reported. Aabar is a unit of International Petroleum Investment Co. (IPIC). Deutsche Bank declined to comment. Aabar was not available for comment………………………………………..Full Article: Source


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