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Sovereign Wealth Funds Briefing - Categorized | Investment

Abu Dhabi Fund becomes UniCredit’s top foreign holder

Posted on 25 June 2010

From Dow Jones: Abu Dhabi-based International Petroleum Investment company, which controls Aabar Investments PJSC, acquired a 4.99% stake in UniCredit SpA on June 16, making it the Italian bank’s single biggest international shareholder, according to a filing published by the Italian market watchdog.
Aabar’s stake is worth around EUR1.8 billion, based on a Dow Jones Newswires calculation using UniCredit’s share price at June 16……………………………………….Full Article: Source


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