Oman: Sovereign wealth fund eyes Dubai Group's ONIC stake
Source: Middle East Insurance Review | Mar 2013
Oman Investment Fund (OIF) is in advanced talks to buy Dubai Group's near 42% stake in Oman National Investment Corp Holding (ONIC) from a unit of Dubai's ruler's personal investment firm, said media reports citing sources familiar with the matter. The stake is estimated to be worth US$59 million.
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