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Sovereign Wealth Funds Briefing - Categorized | Investment

Libya buys more stake in Unicredit

Posted on 11 August 2010

From Tripolipost.com: Libyan government-controlled investors have become the largest combined shareholders in UniCredit after the Libyan Investment Authority (LIA) raised its stake in the Italian bank to 2.075 per cent.
Consob, the Italian market authority, made the disclosure on Wednesday, saying the transaction had taken place on July 28. LIA’s share in Unicredit was valued at about €800m ($1.06bn)……………………………………….Full Article: Source


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