FINANCIAL NEWS

Aabar unveils $54m investments in Luxemburg funds

12 Jul 2010

(MENAFN) Abu Dhabi’s Aabar Investments, the largest stakeholder in Daimler, announced that it has invested $54.2 million in two investment funds registered in Luxembourg, Khaleej Times reported.

Aabar has invested $34.5 million in Blue Orchard private equity fund and $19.8 million in Oasis Fund, it said in a statement to the Abu Dhabi bourse.

The state-owned investment vehicle surprised investors last month when it announced it was considering delisting from the Abu-Dhabi bourse and converting to a private joint stock company.

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