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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Investment

EU approves Mubadala, Rolls-Royce joint venture

Posted on 18 February 2009

From Reuters: The European Commission approved on Tuesday a new joint venture by United Arab Emirates investment fund Mubadala Development and British aircraft engine maker Rolls-Royce PLC.

The Commission, competition watchdog of the 27-nation European Union, said in a statement that the venture to provide maintenance, repair and overhaul services for aircraft engines, would not raise competition concerns….. Full Article: Source


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