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Sovereign Wealth Funds Briefing - Categorized | Investment

Aabar buys stake in UniCredit to broaden investments

Posted on 25 June 2010

From Bloomberg: Aabar Investments PJSC, the Abu Dhabi-based company that is the largest shareholder in German carmaker Daimler AG, bought a 4.99 percent stake in Italy’s UniCredit SpA as it adds investments in other industries.
Qatar Investment Authority, the country’s sovereign-wealth fund, this week agreed to invest $2.8 billion in Agriculture Bank of China Ltd.’s initial public offering. The wealth fund in neighboring Kuwait also agreed to invest $800 million……………………………………….Full Article: Source

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