A $350 million end of the year acquisition by Abu Dhabi
End of the year and another investment by Abu Dhabi: on 30 December 2008, Aabar Investment, one of the investment firms based in Abu Dhabi, announced that it has acquired approximately 3.3% of Atlantia from a subsidiary of UniCredit Corporate Banking for approximately $350 million. (More details on Emirates Business 24/7)
(Atlantia is a holding company with portfolio in the transport and communications infrastructure and network sectors. It owns 100% of Autostrade per l'Italia, Italy’s largest toll motorway builder and operator)
These guys had previously acquired AIG's Private Bank as we reported here.
January 1, 2009 |
Filed under Abu Dhabi Investors
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