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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment

Kuwait state fund eyes stake in General Motors

Posted on 18 November 2010

From Arabianbusiness.com: Kuwait Investment Authority, the Gulf country’s sovereign wealth fund, may buy a state in General Motors (GM) when the troubled car maker issues its initial public offering later today.
The Gulf state may take a stake of one percent or less, Bloomberg said, citing a person familiar with the deal……………………………………….Full Article: Source


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