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FinancialNews


  • 13-01-18

    Abu Dhabi Mubadala to consider options for 17.8 percent RHB holding

    (MENAFN) According to sources, Abu Dhabi sovereign fund Mubadala Investment Co is considering various choices, counting a potential sale, regarding its holding in Malaysian RHB Bank.

    In an effort to compile recommendations involving its 17.8% stake in RHB Bank, Mubadala has conducted meetings with possible advisers to figure out a final decision.

    Mubadala's holding is at a value of roughly $920 million, however the fund is seeking options for it as part of a wider review of its portfolio.

    MENAFN1301201800450000ID1096345134

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