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English news

06-Nov-2016

Mubadala considering stake sale in Tabreed

Abu Dhabi investment vehicle Mubadala is considering sale of at least part of its stake in Dubai National Central Cooling Company (Tabreed). Tabreed's largest shareholder since it was part of a rescue effort following an economic slowdown in Dubai at the turn of the decade, Mubadala has been considering whether to offload part of its holding or, should a suitable investor show interest, its entire stake. (Reuters)

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