Hedge Funds & Alternative Investments
Mergers & Acquisitions
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United Arab Emirates to Merge 2 Abu Dhabi Investment Funds
A top United Arab Emirates official ordered the merger of two prominent government wealth funds on Wednesday, streamlining the country's investment strategy as it weathers a slump in oil prices. The decision by Abu Dhabi's crown prince, Sheikh Mohammed bin Zayed Al Nahyan, will combine Mubadala Development Company and the…
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Click here to read the full story: ABC News