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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Oman wealth fund in talks for Dubai ONIC stake

Posted on 24 January 2013

An Omani sovereign wealth fund is in advanced talks to buy a near 42 percent stake in Oman National Investment Corp Holding (ONIC) from a unit of Dubai’s ruler’s personal investment firm, two sources aware of the matter said.
Oman Investment Fund, which has a regional and global investment portfolio, is in discussions to buy the stake, currently worth about US$59m, the sources said, speaking on condition of anonymity as the matter has not been made public………………………………………..Full Article: Source


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