11.03.2010 - UAE's SWFs emerge top players in M&A arena
From Business24-7.ae: Sovereign Wealth Funds from the UAE have emerged as leading investors in the mergers and acquisitionlandscape. According to Bureau van Dijk Middle East (BvDME), GCC-based corporates and institutions have made acquisitions worth $37.9 billion since the beginning of 2009, of which UAE firms alone have been involved with deals worth more than $28bn, or 73.9 per cent of the M&As. According to BvDME data, two of Abu Dhabi's investment units Aabar Investments and International Petroleum Investment Company have, along with their partners, been involved in acquisition deals worth almost $20bn, or more than 50 per cent of the total acquisitions made by GCC entities.............................................Full Article: Source
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