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

Aluminium Bahrain IPO priced, says Mumtalakat

Posted on 10 November 2010

From Zawya Dow Jones: Mumtalakat Holding Co., Bahrain’s sovereign wealth fund, Monday announced the final offer price in the initial public offering of Aluminium Bahrain, or Alba, in which it is the major shareholder.
Mumtalakat said, in an emailed statement, the price was set at 0.900 Bahraini dinars ($2.39) per ordinary share and at $11.97 per global depository receipts, or GDR, representing five ordinary shares. The final price was determined through a bookbuilding process, the fund added……………………………………….Full Article: Source

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