27 Mar 2012
(MENAFN) Mubadala Development Company’s CEO and Managing Director, Khaldoon Khalifa Al Mubarak, said that the firm inked a deal to invest USD2 billion in Brazil’s EBX Group, reported Emirates 24/7.
Al Mubarak added that under the agreement, the Abu Dhabi-based company would acquire a 5.63 percent preferred equity interest in Centennial Asset Brazilian Equity Fund and other offshore holding firms.
He also said that the transaction represents Mubadala’s first significant direct investment into Brazil and is an important step in the firm’s development of strategic opportunities in Latin America.
It is worth noting that the investment in EBX Group would also give Mubadala an indirect interest in the company’s both publicly listed holdings, OGX, OSX, MMX, LLX, MPX and core privately-held assets such as AUX, REX and IMX.
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more