Mubadala Exits Out of Exova
Abu Dhabi-based Mubadala was part of a group of investors that owned a large stake in Edinburgh-based Exova Group plc, a lab testing company with heavy reliance on the oil sector. Element Materials Technology Group Limited (Element Materials), which is majority-controlled by private equity firm Bridgepoint, agreed to acquire Exova in a £620.3 million deal, taking the company private. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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