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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Libya fund eyes stakes in Italian banks

Posted on 16 February 2009

From Bi-me.com: Libya’s sovereign wealth fund could acquire stakes in Italian banks, the fund’s chairman was quoted saying in an Italian newspaper on Saturday, without specifying which banks or when any acquisitions might take place.

Libyan Investment Authority Chairman Abdulhafid Zlitni also said that although talks on acquiring a stake in Telecom Italia had ended without agreement, Libya could be willing to restart negotiations in the future….. Full Article: Source


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