Sunday 11 October 2009

UAE's Aabar buys $328 million Santander Brasil stake

Abu Dhabi's Aabar Investments (AABAR.AD) invested $328 million in depositary shares issued by Banco Santander's Brazilian unit (SANB11.SA) in the unit's initial public offering, Aabar said in a statement on Sunday.

Aabar is a listed investment company controlled by Abu Dhabi's state-owned investor International Petroleum Investment Company, or IPIC.

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