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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Libya still in race to buy stricken French refinery

Posted on 29 November 2012

Libya has not withdrawn its bid to buy France’s troubled Petit-Couronne oil refinery, the French government and the Libyan sovereign fund said on Wednesday, dispelling contradictory comments on the bid by the authorities in Paris.
French Foreign Minister Laurent Fabius said on France Inter radio early on Wednesday that Libya was no longer interested in buying the refinery owned by insolvent Swiss refiner Petroplus………………………………………..Full Article: Source


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