Sovereign wealth
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Dubai’s sovereign wealth fund puts Doncasters up for auction
One of Britain’s oldest engineering manufacturers, Doncasters, has been put up for auction for around £1.2bn by Dubai’s sovereign wealth fund after the business suffered a sharp downturn. Private equity firms and turnaround funds have been invited to bid for the 238-year-old business by Dubai International Capital, as the Gulf…
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Click here to read the full story: Telegraph