Abu Dhabi buys stake in Hyatt Hotels Corp

15 December 2009

Abu Dhabi's sovereign wealth funds, the Abu Dhabi Investment Authority, has bought a 10.9% stake in Hyatt Hotels Corp, Bloomberg has reported. The sovereign wealth fund holds 4.76 million Hyatt Class A shares, which has a market value of about $140.4m. The Chicago-based hotel chain went public last month.

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