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Sovereign Wealth Funds Briefing - Categorized | Financials

Libyan Central Bank could take part in UniCredit cap increase

Posted on 16 December 2011

Italy’s Treasury financial security committee has approved unfreezing around EUR375 million worth of Libyan Central Bank funds, a person with direct knowledge of the situation said Thursday.
Libya’s sovereign fund, the Libyan Investment Authority, holds a 2.6% stake in UniCredit. Both stakes were frozen in March when the Libyan civil war started……………………………………….Full Article: Source


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