02.10.2014 - Daimler : KIA looks to build on $18bn German spend
The Kuwait Investment Authority (KIA), one of the world's largest sovereign wealth funds and a long-term investor in German auto maker Daimler AG, wants to ramp up investments in Europe's largest economy. Finance minister and KIA board chairman Anas al Saleh said the authority would add to its investments in Germany, where Kuwait has invested almost $18 billion. KIA is the largest shareholder in Daimler, with a 6.8 per cent stake. The stake has grown in value to almost $6 billion...............................................Full Article: Source
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