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Sovereign Wealth Funds Briefing - Categorized | Investment

Abu Dhabi fund eyeing stake in Germany’s Continental

Posted on 11 February 2009

From Reuters: Abu Dhabi’s sovereign fund IPIC is considering investing in indebted German bearings maker Schaeffler or its 49.9 percent-owned unit Continental, the Financial Times Deutschland newspaper reported on Tuesday.

The paper, quoting a person familiar with the situation, said the investment “concerns at least 20 percent, though it’s probably more than 25 percent”….. Full Article: Source


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