01.02.2010 - Kuwait fund made 40pct return on Blackrock
From Bloomberg: Kuwait Investment Authority, the emirateís sovereign wealth fund, made about a 40 percent return on its $750 million investment in BlackRock Inc.ís capital increase in May, the fundís chief Bader al-Saad told the Al- Arabiya TV channel in an interview in Davos. The sovereign wealth fund also was among a group of investors that had bid for Cadbury Plc, he said. Cadbury later agreed to an offer from Kraft Foods Inc........................................Full Article: Source
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