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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

A $3-bln question

Posted on 21 June 2010

From Todayonline.com: The possible entry of Mukesh Ambani of Reliance Industries as a potential stakeholder of Fortis Healthcare, takes its battle with Malaysian sovereign wealth fund, Khazanah Nasional, for control of Singapore healthcare group, Parkway Holdings, on to a whole new dimension.
Mr Ambani’s reported fortune of some US$29 billion ($40 billion) may provide Fortis the financial muscle to take on Khazanah, which controls assets worth US$30-billion……………………………………….Full Article: Source

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