Fri, Dec 19, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

UAE’s Mubadala eyes stakes in Aerospace Partners

Posted on 18 June 2009

From Dow Jones: Abu Dhabi-based investment firm Mubadala Development Co., which holds a 0.62% stake in General Electric Co., may consider buying stakes in some of its other aerospace partners such as Finmeccanica SpA, European Aeronautic Defence & Space Co., and Rolls-Royce Group PLC.

“We’re always looking at equity where it makes sense,” Homaid Al Shemmari, Mubadala’s associate director of aerospace, told Dow Jones Newswires in an interview on the sidelines of the Paris Air Show in Le Bourget. “It’s not our goal or what drives us, but it depends if the right opportunity comes along. We’d look at out our partners on a case by case basis.” ……..Full Article (Subscription Required) : Source


 Article link

This post was written by:

VRS - who has written 15428 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031