16.12.2009 - Abu Dhabi's biggest SWF buys up recently floated Hyatt Hotels shares
From The Associated Press: Abu Dhabi's biggest sovereign wealth fund has bought more than 10 per cent of the Hyatt Hotels Corp. shares floated by the iconic hotelier last month. Chicago-based Hyatt disclosed the sale Monday in a filing with the U.S. Securities and Exchange Commission. The deal was made public on the same day oil-rich Abu Dhabi agreed to pump US$10 billion in bailout funds into its struggling neighbour Dubai......................................Full Article: Source
Print