Hedge Funds & Alternative Investments
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Abu Dhabi weighing sale of 24 pct stake in insurance firm ADNIC-sources
State-backed Abu Dhabi Investment Council is weighing the sale of its nearly 24 percent stake in Abu Dhabi National Insurance Co, with Allianz among groups showing initial interest in buying it, sources familiar with the matter said. If the deal goes ahead, it will further boost Allianz’s presence in emerging…
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Click here to read the full story: Reuters