Property & Real Estate
Sovereign wealth
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Wealth and Asset Management
Abu Dhabi kicks off £1.6bn bidding war for Claridges
A trio of London’s best-known hotels are facing a bidding war after a Middle Eastern sovereign wealth fund made a £1.6bn offer to take them over, in a move that could resolve an acrimonious dispute. The bid from the Abu Dhabi Investment Authority for London landmark Claridges, along with the…
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