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  Monday, Jun 29, 2009 (MORE TO FOLLOW) Dow Jones Newswires 29-06-09 0732GMT Monday, Jun 29, 2009 DUBAI (Zawya Dow Jones)--MENA Infrastructure Fund, an infrastructure equity fund sponsored by HSBC HoldingsHSBC Holdings "MENA Infrastructure Fund has acquired 32.8% of the founders' shareholding in the company from GDF Suez, the French energy giant in a competitive auction process," the fund said in an emailed statement. The sale was a requirement by the Omani electricity regulator for GDF Suez to divest its shareholding in UPCUPC The transaction will make the MENA Infrastructure Fund the largest shareholder in UPCUPC MENA Infrastructure Fund was established in 2006 as a specialist infrastructure equity fund for long-term equity investments in infrastructure projects and businesses. Its investors include leading international and regional financial institutions and pension funds. -By Dubai Bureau, Dow Jones Newswires; +9714 364 4965; djnews.dubai@dowjones.com Copyright (c) 2009 Dow Jones & Co. (END) Dow Jones Newswires 29-06-09 0746GMT |
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| Saudi Binladin Group | Saudi Arabia | Construction and Design |
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