Wed, Jul 30, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Financials, Market

Libya’s UniCredit stake sparks row

Posted on 22 September 2010

From Gulfnews.com: Libya’s central bank sought to deflect criticism from Italian politicians and a top shareholder about its stake-building in UniCredit. A financial source said on Friday the Libyan Investment Authority, Tripoli’s sovereign wealth fund, had raised its holding to 2.59 per cent.
Italian market regulator Consob and the Bank of Italy have requested clarification on the stakes and whether the two investors are independent of each other. Bank rules bar a shareholder from having a voting stake of more than 5 per cent……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 14478 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« Jun    
 123456
78910111213
14151617181920
21222324252627
28293031