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Sovereign Wealth Funds Briefing - Categorized | Market

Middle East mergers and acquisitions tumble

Posted on 07 January 2010

From Thenational.ae: The top Middle Eastern acquisition was a $9.5bn investment by Qatar Investment Authority, which increased its stake in Volkswagen and Porsche to 17 per cent.
The largest M&A deal targeted towards the Middle East was the plan by the government of Iran to divest 50 per cent of Iran Telecommunications to the public for $7.7bn…………………………………….Full Article: Source

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