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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Libyan investments in Italy

Posted on 09 June 2009

From Reuters: Flush with petrodollars, Libya has been snapping up stakes in major Italian companies which it says are purely financial investments over the long-term.

Libya is also looking to set up a joint fund of as much as $500 million with Italian bank Mediobanca to invest in distressed Italian companies……..Full Article: Source


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VRS - who has written 16821 posts on Opalesque Sovereign Wealth Funds Briefing.


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