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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Kuwait sovereign fund says open to RBS stake buy

Posted on 09 June 2011

The Kuwait Investment Authority (KIA) would consider buying a stake in Royal Bank of Scotland but no offer has yet been made, the sovereign wealth fund’s managing director said on Tuesday.
“They did not offer us a stake… When we get an offer, we will look at it,” Bader al Saad told reporters outside Kuwait’s parliament, adding the KIA had met with RBS………………………………………..Full Article: Source


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