25.10.2010 - ALBA offering to raise $540bln for Bahraini wealth fund
From Thenational.ae: Bahrain's state-owned aluminium producer has launched an initial public offering (IPO) that is expected to raise as much as US$541 million (Dh1.98 billion) for the country's sovereign wealth fund, the company's majority owner. Mumtalakat, the state-owned investment fund, is selling an 11.5 per cent stake in Aluminium Bahrain (ALBA), which operates the second-largest smelter in the Gulf..............................................Full Article: Source
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