05.05.2015 - Temasek unit, Abu Dhabi fund said to plan sale of UAE firm Dunia
Abu Dhabi fund Mubadala Development Co. and a unit of Singapore's Temasek Holdings are among shareholders exploring the sale of U.A.E. consumer finance company Dunia, four people with knowledge of the plan said. The shareholders, which also include Abu Dhabi-listed Waha Capital PJSC and family-owned Arenco Group, are seeking to hire a financial adviser for the sale shortly, according to the people. A full sale of Dunia may fetch about US$500 million, two of the people said, adding a formal process was yet to begin...............................................Full Article: Source
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