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Sovereign Wealth Funds Briefing - Categorized | Market, Performance

Abu Dhabi fund sees big growth in Mercedes stake

Posted on 30 October 2009

From Forbes: The Abu Dhabi investment fund that bet big on Daimler AG said Thursday its third-quarter profits shot sharply higher mostly on gains from its stake in the Mercedes-Benz maker.

Aabar Investments said earnings jumped to $402.3 million between July and September, compared with a profit of $5.4 million in the same period a year earlier……………………….Full Article: Source

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