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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials, Investment, Market

Kuwait wealth fund to consider GM IPO if feasible

Posted on 08 November 2010

From Reuters: Kuwait Investment Authority, the Gulf Arab country’s sovereign wealth fund, will consider taking part in General Motors’ initial public offering if it is feasible, its managing director said on Saturday.
“Now, the price range has been set. Last week, they announced the price range, which is the valuation range,” Bader al-Saad told reporters……………………………………….Full Article: Source


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