Wed, Jun 16, 2021
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Market

IPIC merger with Mubadala not linked to 1MBD - source

Posted on 01 July 2016

International Petroleum Investment Co’s legal tussle with Malaysia’s 1MBD was not a consideration in its proposed merger with fellow Abu Dhabi investment firm Mubadala, a person close to IPIC said.
“The merger will bring together two of Abu Dhabi’s significant investment companies each with their respective strengths to create an even larger more efficient company with combined assets of US$135bn,” the person close to IPIC told IFR on Thursday. “In a deal on this scale, 1MDB was not a consideration.”……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
June 2021
M T W T F S S
« Nov    
 123456
78910111213
14151617181920
21222324252627
282930