Regulation, Risk & Compliance
Sovereign wealth
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Gulf State wealth fund shells out £621 million for SGN stake
Perth power provider SSE has sold a minority stake in gas distribution business SGN to the Abu Dhabi Investment Authority for £621 million. The Gulf State based sovereign wealth fund is expected to tie up the purchase of a 16.7% stake in SGN by the end of this month. SSE…
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Click here to read the full story: The Courier