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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Abu Dhabi’s Mubadala weighs Tabreed stake sale: sources

Posted on 04 November 2016

Abu Dhabi state investment vehicle Mubadala Development Co is considering the sale of a least part of its stake in Dubai’s National Central Cooling Co (Tabreed), three sources familiar with the matter told Reuters.
Tabreed’s largest shareholder since it was part of a rescue effort following an economic slowdown in Dubai at the turn of the decade, Mubadala has been considering whether to offload part of its holding or, should a suitable investor show interest, its entire stake, one of the sources said………………………………………Full Article: Source


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