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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials

Dubai World’s assets valued at $11 bln, JPMorgan Chase says

Posted on 17 September 2010

From Bloomberg: Dubai World, the state-owned holding company seeking to restructure $24.9 billion of debt, owns assets valued at $11 billion, JPMorgan Chase & Co. said.

The company’s assets include an 80 percent stake in DP World Ltd., the world’s third-biggest port operator, valued at about $7.1 billion, JPMorgan Chase analyst Zafar Nazim wrote in a research report today…………………………………….Full Article: Source

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