Mumtalakat’s Ambitious Plan for Portfolio Economic Diversification
Mumtalakat Holdings, the investment arm of the Kingdom of Bahrain, finalized the 49% acquisition of Asturiana de Aleaciones S.A. (ALEASTUR), a Spanish-based manufacturer of aluminium grain refiners and master alloys. The strategic development sovereign wealth fund (SDSWF) is keen on building ties with international companies and economically competing against its neighbors such as the United Arab Emirates (UAE). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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