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Sovereign Wealth Funds Briefing - Categorized | Market, People

Abu Dhabi’s Mubadala CEO doesn’t rule out more M&A

Posted on 07 September 2016

The chief executive of Abu Dhabi state fund Mubadala said he did not rule out more mergers and acquisitions in the emirate after the planned merger of his institution with another of Abu Dhabi’s sovereign funds. “From a personal point of view, there is no doubt,” Khaldoon Khalifa al-Mubarak said, when asked about the possibility of more merger activity in the emirate.
“When the benefits of a merger are clear, it is in the interests of owners. We are in a competitive world and size matters, and the more competitive capability we form would be in the interest of concerned companies,” he added………………………………………..Full Article: Source


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