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Abu Dhabi pension fund to acquire 31% stake in ADNOC property vehicle for $900mln
Abu Dhabi National Oil Company (ADNOC) said Tuesday that Abu Dhabi Pension Fund would acquire 31 percent of the energy company's real estate vehicle. Under the agreement, ADPF will acquire 31 percent of Abu Dhabi Energy Real Estate Company (ADREC), which was created to hold ADNOC's 51 percent stake in…
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