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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Abu Dhabi exiting investment in Daimler

Posted on 04 October 2012

Abu Dhabi’s sovereign fund Aabar is exiting its investment in German automaker Daimler AG, the maker of Mercedes-Benz cars, according to a report from a German magazine.
Manager Magazin cited unidentified people from Daimler who said that Abu Dhabi’s sovereign wealth fund Aabar is transferring the rights to the last 3 percent of the shares it holds in Daimler to Deutsche Bank. Aabar is a unit of International Petroleum Investment Company (IPIC)………………………………………..Full Article: Source


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