Mergers & Acquisitions
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Egypt's New Wealth Fund Eyes Stake in Siemens-Built Power Plants
Egypt’s new sovereign wealth fund plans to acquire a stake of about 30% in power plants co-built by Siemens AG with international investors taking the rest, part of its drive to spur greater foreign participation in the Middle East’s fastest-growing economy. The fund’s initiative is the latest involving the three…
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Click here to read the full story: Bloomberg