Wednesday 28 March 2018

UPDATE 1-UAE's Mubadala, Greece's Taneo to invest 400 mln euros in Greece

UPDATE 1-UAE's Mubadala, Greece's Taneo to invest 400 mln euros in Greece:

"Mubadala Investment Company has signed a deal with Greece’s New Economy Development Fund, known as Taneo, to create a 400 million euro ($496 million) co-investment platform, the Abu Dhabi state fund said on Wednesday. Under the agreement, Taneo and Mubadala will each contribute 200 million euros to invest in businesses with growth potential across key sectors of Greece’s economy, Mubadala said. In the past, Mubadala has signed investment deals with state-linked funds in Russia and, most recently, France to invest in parts of those countries’ economies."



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