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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Kuwait wealth fund could exit mobile operator Zain

Posted on 28 July 2009

From Thenational.ae: The largest shareholder in Zain, the Kuwaiti mobile operator recently listed as a possible acquisition target by Etisalat, is reportedly open to selling its 25 per cent share in the company.

A report in Al Rai, a Kuwaiti daily newspaper, quoted anonymous sources in the Kuwait Investment Authority (KIA) as saying the sovereign wealth fund would consider such a sale at the right valuation………..Full Article: Source


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