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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Libya c.bank stake in Unicredit unchanged

Posted on 06 August 2010

From Reuters: The Libyan central bank’s 4.613 percent stake in Unicredit SpA is unchanged after a Libyan sovereign wealth fund acquired a 2.075 percent stake in the firm, a Libyan central bank official said on Thursday.
“The share of the central bank of Libya remains the same… What has been bought by the LIA (Libyan Investment Authority) is not from the central bank’s stake. The LIA bought it on their own and independently of the central bank,” the official, who did not want to be identified, told Reuters……………………………………….Full Article: Source

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