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Sovereign Wealth Funds Briefing - Categorized | Investment

Libya fund takes stake in Pearson above 3pct

Posted on 09 June 2010

From Zawya.com: The Libyan Investment Authority has bought a 3.01 per cent stake in Pearson, the educational publisher and owner of the Financial Times, in the sovereign wealth fund’s most prominent investment to date in a UK-listed company.
Pearson announced the stake on Monday after the LIA, which was already on its register with a slightly smaller holding, took its stake a fraction above the 3 per cent level at which it must be disclosed………………………………………..Full Article: Source

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