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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Kuwait seeks investor to buy 35pct of Kuwait Airways, end 20 years of losses

Posted on 01 August 2011

Kuwait is seeking bids to sell 35 percent of Kuwait Airways Corp. as the OPEC oil producer searches for strategic investors to return the national flag carrier to profit.
“All identified assets, liabilities, rights and benefits” of Kuwait Airways Corp. will be transferred to a new company called Kuwait Airways Co. KSC, the Privatization Committee said………………………………………Full Article: Source


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