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Sovereign Wealth Funds Briefing - Categorized | Financials, Fund Management/Administration, Market

Citigroup named for Kuwait airline selloff

Posted on 05 August 2010

From Gulfnews.com: Kuwait appointed Citigroup Inc., Ernst & Young and aviation services firm Seabury to handle the privatisation of the country’s national carrier, Kuwait Airways. Kuwait Investment Authority (KIA) has formed the foundation committee for the privatization of Kuwait Airways, which started its work immediately after signing the decision.
The state news agency KUNA quoted a state committee as saying Wednesday that the contracts with Citi and the two other companies will be signed in coming days……………………………………….Full Article: Source

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