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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Abu Dhabi’s Tabreed gets 3.1 bln dirhams from Mubadala

Posted on 08 March 2011

From Bloomberg: National Central Cooling Co., the United Arab Emirates company known as Tabreed, said it will receive 3.1 billion dirhams ($844 million) from Mubadala Development Co. as part of a recapitalization.
“We are in the final stages of our recapitalization program,” Chief Financial Officer Stephen Ridlington said………………………………………Full Article: Source


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