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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Bahrain negotiating finance and economic deals

Posted on 19 October 2010

From Globalarabnetwork.com: In September, officials of Mumtalakat said that the sovereign wealth fund was planning to launch an initial public offering (IPO) for a part stake in Aluminium Bahrain (Alba), with the proceeds of the sale to be used by the fund for other investments.
Currently, Mumtalakat holds 77% of Alba’s shares, with the balance owned by Saudi Basic Industries……………………………………….Full Article: Source


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