UPDATE 1-Abu Dhabi government fund backing Etisalat's Maroc Tel buy - sources | Reuters:
"An Abu Dhabi state-owned fund is financing a quarter of Etisalat's 4.2 billion euro purchase of Vivendi's stake in Maroc Telecom, said three bank sources with knowledge of the deal, adding it should close this week.
The identity of the fund is a closely-guarded secret. The banks that will provide the remaining 3.15 billion euros of loan finance have not been told which of the emirate's state-owned entities is supplying the cash.
The fund is most likely to be Mubadala, two of the banking sources and one industry source said, given that it already has telecommunications assets and an existing partnership with Etisalat in Africa."
'via Blog this'
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