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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Libya doesn’t rule out raising stake in UniCredit, Sole says

Posted on 01 September 2010

From Bloomberg: Libya doesn’t rule out increasing its stake in UniCredit SpA, daily Il Sole 24 Ore reported, without saying where it got the information. The Central Bank of Libya owned 4.1 percent of Milan- based UniCredit and the Libyan Investment Authority held 2.1 percent as of Aug. 3.
Libya won’t make a “hostile” attempt to take over the bank, according to the Italian newspaper……………………………………….Full Article: Source


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