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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Oman Investment Fund augments NCDEX stake

Posted on 23 August 2013

The Oman Investment Fund (OIF) is said to be purchasing a 9.7% stake in futures exchange National Commodity Derivatives Exchange Ltd. (NCDEX) to the tune of Rs 88 crore (US$ 13.6 million). According to the Economic Times, the NCDEX shares are being acquired from Delhi-based broker Jaypee Capital Services Limited.
According to Sovereign Wealth Fund Institute transaction data, this will add to their already 5% stake in the exchange, a deal that was recorded at US$ 7.3 million………………………………………..Full Article: Source


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