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|| Abu Dhabi investment firm acquired 4.99% stake in UniCredit worth $2.3 billion

Aabar-UniCredit.jpgAabar, the Abu Dhabi-based investment firm, has acquired 4.99% stake in the European bank UniCredit worth $2.3 billion - the Bloomberg is reporting.

UniCredit is a leading European bank, headquartered in Milan, Italy with over 9,800 branches in 22 countries all around the globe and more than 40 million customers and 165,000 employees. It makes Aabar the lender’s second-largest shareholder after Mediobanca SpA.

Aabar is listed in the Middle East Investors Directory with the code BFD04.

The full Bloomberg story follows



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