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Sovereign Wealth Funds Briefing - Categorized | Financials

Abu Dhabi wealth fund may be interested in Batista EBX assets

Posted on 26 July 2013

Mubadala Development Co., the Abu Dhabi sovereign wealth fund that restructured a $2 billion investment in Eike Batista’s EBX Group Co., may be interested in more of the billionaire’s businesses after their value slumped.
Many of the commodities holding company’s assets have significant value to a number of parties including Mubadala, according to an e-mailed response to questions today from a fund spokesman, who asked not to be identified citing company policy………………………………………..Full Article: Source


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